The move will allow additional firms to join in the US-controlled effort to sell Venezuela’s oil.

Venezuela's legislature has approved opening the nation's oil sector to privatization. This decision reverses a key principle ...

Geopolitical tensions have driven crude oil prices to a three-month high, with WTI trading just under $63 and Brent ...

A discussion of the US oil and gas industry, focusing on its history, growth, and industry segments. Save valuable time and ...

The plan would open up a massive amount of waters to new oil and gas drilling and would be detrimental to marine life.

Oil futures slipped amid signs of willingness on the part of the U.S. and Iran to hold talks. For the week, futures posted their sharpest gains since October.

A sweeping proposal by the Trump administration to expand offshore oil and gas drilling could result in more than 4,000 oil ...

Markets looked past rising supply as shifting U.S. rhetoric on Iran and ongoing weather-related disruptions kept risk ...

Venezuelan oil cannot quickly lower energy prices despite U.S. action against Maduro. Production of Venezuelan oil is costly, infrastructure is degraded, ...