Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, ...

Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by ...

The chief executive of Petropars Oil Company says that his company is presently exporting technical and engineering services ...

Crude oil prices recovered last week, regaining nearly half the losses recorded in the previous week, driven by optimism ...

Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.

The price of Brent crude oil is $64.19 per barrel. Oil prices are customarily quoted in dollars (USD) worldwide. This guide explains exactly what the oil spot price represents and what factors ...