U.S. oil giant Chevron confirms it will expand operations in Venezuela
Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to…
Oil prices surge after U.S. renews Iran strikes, heightening inflation fears
Oil prices surged Tuesday after the U.S. military announced further strikes against Iran, deepening inflation concerns and extending an earlier…
US sells for scrap two sanctioned oil tankers seized after Venezuela raid
The U.S. government has sold for scrap two sanctioned oil tankers that were seized in the days after Washington’s raid…
Oil prices jump following fighting with Iran, while sinking AI stocks drag Wall Street lower
NEW YORK (AP) — Oil prices are back to jumping on Wednesday, while sinking technology stocks drag Wall Street lower. The S&P…
OPEC+ companies slightly boosting production as oil prices slide
A group of oil-exporting countries has agreed to a modest increase in oil production, though current prices are already relatively…
Ukrainian drone attack triggers fire at a Russian oil terminal
A Ukrainian drone attack caused a fire at another Russian oil terminal overnight, local officials in Russia’s Krasnodar region said…
Oil prices surge after Trump says U.S. will blockade the Strait of Hormuz
U.S. crude oil soared 8%, to more than $104 per barrel. International Brent oil jumped more than 7%, to $103…
Giant oil tanker off Dubai hit by Iranian strike after Trump’s latest threats
Iran attacked and set ablaze a fully loaded crude oil tanker off Dubai on early on Tuesday, after President Donald…
Trump says his ‘preference’ would be to ‘take the oil in Iran’
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the…
