Crude oil inventories increased by 3.4 million barrels to 422.4 million barrels last week as imports rose, said the U.S.

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

China is set to receive the final shipments of super-cheap, sanctioned Venezuelan crude oil, after which its refiners will ...

Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude, which is why 90% of U.S. oil imports are heavy ...

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

Two oil tankers quietly departed Venezuela around New Year’s Day carrying sanctioned crude—one headed toward Iran, another ...

President Donald Trump announces Venezuela will move 30-50 million barrels of oil worth $2.8 billion to U.S. after former ...

The U.S. government is not currently considering using Venezuelan oil in an exchange with U.S. oil companies to refill the ...

Despite claims of holding the world’s largest oil reserves, Venezuela’s resources are overwhelmingly extra heavy crude that ...

Brent crude oil futures traded higher on Tuesday morning amid a temporary halt of operations in Kazakhstan’s oil fields.

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...