The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.

In August 2025, US President Donald Trump doubled the tariffs on Indian imports to 50 per cent due to New Delhi's purchase of ...

Oil prices jumped on Tuesday as the market priced in fundamentals once again, showing that when U.S. infrastructure gets punched in the face by weather, it’s more than geopolitics and vague supply for ...

China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...

Ecuador confirmed a retaliatory 900% increase in the tariff it charges to transport Colombian crude oil through its petroleum ...

India's state-owned refiner, Indian Oil Corporation, has purchased its first crude cargo from Ecuador as it complies with US ...

Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high. Today's dollar weakness is bullish for energy prices. Also, rising tensions in Iran, the fourth-largest ...

Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

Venezuela has the largest share of oil reserves in the world but hasn't been producing or refining it. See the charts.

Malaysia’s producer price index (PPI), which measures price changes at the producer level, continued to decline by 2.7 per ...