Since the abduction of President Nicolas Maduro last month, the United States government has taken direct control of selling millions of barrels of Venezuelan oil. Venezuela has the largest proven oil ...

WASHINGTON, Jan 29 (Reuters) - The administration of President Donald Trump lifted some sanctions on Venezuela’s oil industry on Thursday to make it easier for U.S. companies to sell its crude oil, ...

President Donald Trump said Venezuelan authorities "will be turning over" between 30 and 50 million barrels of sanctioned oil to the U.S. after his administration captured the country's president and ...

Deep beneath West Texas, federal scientists say there is still a massive cache of oil and gas left to tap, enough by their estimates to keep the country running for months. Put into everyday terms, ...

The United States has completed its first sale of Venezuelan oil, valued at $500 million, according to an administration official. Additional sales of oil are expected in the coming days and weeks, ...

Iran’s vast oil reserves have positioned the country as a central player in global energy markets—and a focal point for international political tension. Iran’s oil reserves rank third globally, with ...

Following the dramatic capture of Venezuelan President Nicolás Maduro, the U.S. is now positioned to exert significant influence over the future of the world’s largest oil reserves. Venezuela, a ...

In this video I create a soft purple butterfly themed spread on the last page of my journal in honor of a viewers mom. I layer pastel papers, floral die cuts, washi and butterfly stickers, then add ...

President Donald Trump on Saturday said the US would take control of Venezuela’s massive oil reserves and recruit American companies to invest billions of dollars to refurbish the country’s gutted oil ...

The oil market is under pressure this year as OPEC+ members have rapidly ramped up production after years of output cuts. Investors are also pricing in lower geopolitical risk on a possible peace ...