A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as the market will have to replace Venezuela’s heavy crude—the bulk of ...

China’s independent oil refiners are boosting their intake of Iranian crude from onshore tanks and ships idling at sea after Beijing issued a fresh round of import quotas late last month. Several ...

WASHINGTON, Dec 10 (Reuters) - The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil prices higher and sharply ...

U.S. targets the regime’s prized export -- but withholds military force. The U.S. Coast Guard's seizure of a sanctioned oil tanker near the coast of Venezuela dealt a blow to Venezuelan President ...

The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.

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The seizure comes as the United States builds up its forces in the Caribbean as part of a campaign against President Nicolás Maduro of Venezuela. By Tyler Pager Eric Schmitt and Nicholas Nehamas ...

The current supply-demand situation for crude oil shows a market that is well supplied. So well supplied in fact, that oil prices have sunk below $60 per barrel. But this fact highlights a distinction ...

The United States seized an oil tanker off the coast of Venezuela on Wednesday, President Donald Trump said, escalating US pressure on President Nicolas Maduro’s regime. “As you probably know we’ve ...

HOUSTON/LONDON/WASHINGTON, Dec 11 (Reuters) - The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week ...

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WASHINGTON — President Donald Trump said Wednesday that the United States has seized an oil tanker off the coast of Venezuela as tensions mount with the government of President Nicolás Maduro. Using U ...