Trump’s fixation on hiking oil volumes from OPEC and Venezuela to lower prices at the pump is leaving U.S. oil producers annoyed with weak domestic pricing and drilling activity.
Picture is as murky as a barrel of oil, with US companies in 2026 expecting their first production drop in four years ...
By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the ...
U.S. drivers may be wondering whether President Donald Trump’s push to tap Venezuela’s massive oil reserves will translate into lower gas prices.On Jan. 3, following the ouster of Venezuelan President ...
Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...
The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...