The answer goes beyond Opec leader Saudi Arabia’s need to punish over-producers of oil like Kazakhstan and Iraq. With Trump ...

Let’s take a look at the cheapest places in the world to buy petrol—and see where India and Pakistan fall on that list.

On a humid March morning in Beijing, Muhammad Yunus, Bangladesh’s interim leader, stood beside Chinese officials, beaming as he toasted “very strong” ties and a “good friendship.” The visit, marked by ...

India's dependency on oil imports ... Additionally, geopolitical factors, such as U.S. tariffs on Venezuela oil imports and reduced Venezuelan production, have added pressure on global oil ...

Venezuela's oil exports slumped by nearly 20% in April, reaching their lowest level in nine months, following PDVSA's ...

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as ...

Russian President Vladimir Putin and Venezuelan President Nicolas Maduro on Wednesday signed a strategic partnership ...

China, Venezuela’s largest creditor by far, is still collecting loan repayments from Venezuela in oil. But even that stream ...

"We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022," Trump announced on Truth Social.

During the meetings, Rodríguez asked China to increase oil purchases and help provide the diluent and light crude needed to process and export Venezuela’s tar-like oil, according to people briefed on ...

The United Nations’ top court has ordered Venezuela to refrain from holding elections for officials who supposedly would ...

Chevron and PDVSA did not immediately reply to requests for comment. Venezuela's Vice President Delcy Rodriguez, who is also the OPEC country's oil minister, has blamed the U.S. measures for the issue ...