The Latest Breaking News from Oil

20 years on, Ken Livingstone’s cheap oil deal with Venezuela remains one of the most extraordinary - and controversial - initiatives by a London mayor

OPEC+ keeps oil production steady amid political crises and market uncertainty, prioritizing stability over immediate action.

Several tankers loaded with Venezuelan oil have left the country's waters with their transponders off despite the U.S. blockade, according to a new report.

President Trump coordinated with US oil companies before and after the Venezuela operation, allowing them to plan reconstruction and manage the country's oil sector while Congress were uninformed.

Saeed Laylaz, an economist and adviser to former Iranian President Mohammad Khatami, spoke to Euronews about Iran, from the country's economic situation to the downfall of Nicolás Maduro, one of Tehran's most important allies, and how domestic and external circumstances affect Iran.

Outgoing Rep. Marjorie Taylor Greene has condemned Trump's Venezuela intervention, calling it a corporate windfall that betrays 'America First' goals.

Phillips 66 said it had decided to not restart standalone refinery operations at the Lindsey site because it was not ‘viable in current form’.

A motorcade carrying Maduro was seen leaving the Metropolitan Detention Center in Brooklyn early Monday ahead of his expected appearance, where he faces drug trafficking and weapons charges.

President Trump declares Cuba 'ready to fall' following the US military capture of Venezuelan President Nicolás Maduro in Caracas, warning that the island nation faces economic collapse without Venezuelan oil subsidies.

US president claims India took steps to reduce dependence on Russian energy supplies because ‘they wanted to make me happy, basically’

Investors appeared to react steadily to the political turbulence, with experts suggesting the impact to financial markets could be limited.