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

Jan 28 (Reuters) - Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S.

Oil hit its highest since late September after a winter ‍storm disrupted U.S. crude output ‍while a weak dollar, continued Kazakh outages lent further support.

Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.

Prices on oil jumped on Thursday as the White House ratcheted up pressure on Iran over negotiations for a new nuclear deal.

Oil markets are widely seen as oversupplied, with record volumes in floating storage. Global demand appears more resilient than feared, as imports into India and China remain strong. Weak prices are ...

Saudi Aramco has raised $4 billion in its first bond issue of the year, underscoring how prolonged low oil prices are straining both the company’s and the Kingdom’s finances.

As tensions have cooled in Venezuela, oil traders have begun pricing in a risk premium on another potential geopolitical shock for the global energy market: Iran.

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...