Venezuela’s Oil Revival Is Slower Than the U.S. Hoped
More than half a year after the U.S. captured and extracted Nicolas Maduro from Venezuela, the biggest American oil firms haven’t returned to operating oilfield
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More than half a year after the U.S. captured and extracted Nicolas Maduro from Venezuela, the biggest American oil firms haven’t returned to operating oilfield
Japan expects its oil imports next month to be lower than this month’s but has no plans to release additional crude from storage, the country’s economy minister
India’s crude oil import bill has soared since the Iran war choked Middle Eastern oil supply, raised benchmark crude prices, quadrupled freight rates, and boost
Norway’s energy major Equinor hopes to make a “pretty big” oil discovery offshore Namibia, the global exploration hotspot it has just entered, a senior company
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.

The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales.
Oil prices declined on Tuesday as traders shrugged off U.S. threats of an ”economic D-Day” against Iran, while a flurry of headlines helped to renew hopes that

Wall Street set for a higher open amid falling oil prices and Treasury yields
Investors shrugged off the latest developments in the U.S.-Iran war.
(Updates with economic data, recent oil price movement, world markets' overview, and corporate stock
Mexico’s state oil firm Pemex and Brazil’s national oil company Petrobras are joining efforts and expertise to drill prospects in Mexican waters in the Gulf of
Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details of a new U.S. sanctions package against Iran.
Iran has made a new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is
Norway plans to continue exploring for oil and gas in its Arctic waters in the Barents Sea regardless of whether the European Union supports or lifts a moratori
The Norwegian government is asking the country’s Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields i
Federal investigations of Mark Walter’s business empire have put a spotlight on private-equity-owned insurers that invest premiums in risky assets.
Treasury Secretary Scott Bessent is expected to announce an escalation of sanctions aimed at further isolating Iranian trade.
Investing.com -- Morgan Stanley told clients in a note on Monday that energy stocks are the most effective hedge for equity portfolios as crude prices emerge as
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock
For six months the entire conversation about oil logistics has been about one strait, and you can hardly blame anyone for that. Hormuz has been effectively clos