Tankers are lining up near an old oil port at Venezuela's Western region to load crude cargoes and depart from the South ...

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

Venezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its ...

Oil prices plunged this week to $65 per barrel as ... buys crude from Venezuela. However, oil prices turned around the corner as of Friday, with Brent falling to $65, the first time since 2021.

Singapore: Oil prices ... US pressure on Venezuelan and Iranian oil trade. Brent crude futures fell by 31 cents, or 0.4 percent, to USD 73.72 per barrel, marking their first decline after seven ...

The 2024 sale of that one million barrels of Iranian crude was not the first ... of four oil tankers, making over $40 million from it. The tankers carrying the oil were en route to Venezuela ...

leading to a supply disruption of around 300,000 barrels per day. Indeed, early signs suggest this could be happening. On Tuesday, Reuters reported that Venezuela's exports of crude oil and fuel ...

Welcome to Energy Source, coming to you from New York, where markets continue to melt down following Donald Trump’s “liberation day” tariff announcement last week. Brent crude is trading at ...