The U.S. has several outstanding sanctions against Venezuela, where Chevron is the only domestic oil producer with a license to operate.

Ceres I was already notorious. Since June 2023, Lloyd’s List had linked the vessel to the “shadow fleet”. These are vessels ...

A US-based trader told Ship & Bunker it remains too early to predict a decrease in the number of ships arriving at US ports, ...

Within his first two weeks in office, US President Donald Trump sent an emissary to arch-rival Venezuela, an apparent about-turn from the hard-line approach he adopted toward Caracas during his ...

US President Donald Trump’s statements toward the Strategic Petroleum Reserve (SPR) are conflicting but also might be the ...

WTI crude oil Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with ...

Tuesday closed up +0.60 (+0.82%), and March RBOB gasoline (RBH25) closed up +0.0223 (+1.09%). Crude and gasoline prices ...

Recent polls show that Venezuelans are overwhelmingly opposed to sanctions, with 65% against those implemented during Trump's ...

Oil wells roared back to life and massive tanker ships returned to Venezuela’s coast to be filled with heavy, hard-to-refine crude destined for the U.S. Maduro's promised election was neither fair nor ...

Venezuela, a country in South America, has the largest oil reserves in the world. But over the last few years, the country ...

Venezuelan authorities recently detained the chemical tanker Four ... tensions between Venezuela and Guyana over the disputed Essequibo region. The two countries have been at odds over territorial ...

Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness. Things seemed to be looking up for Venezuela in 2022.