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

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

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

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

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

The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will ...

U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil ...

As fears of a total economic collapse fade following a temporary U.S.-China trade deal, the upside for oil remains limited ...

The light sweet crude oil market initially rallied during the trading session on Friday but gave back gains to show signs of hesitation. By doing so, the market looks as if it is trying to figure ...

Crude oil prices witnessed considerable recovery last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($63.90/barrel) gained 4.2 per cent. Whereas the crude oil futures on ...

WTI trades at $59.35 per barrel, up from Tuesday’s close at $58.71. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.89 price posted on Tuesday, and trading at $62.51.