Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...

Oil majors are suffering after eight OPEC+ countries unexpectedly agreed to increase oil output in May, while tariffs imposed ...

Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs ...

WASHINGTON – President Donald Trump on Monday said the U.S. will impose a 25% tariff on imports from any country that ...

President Donald Trump’s secondary tariffs are “unprecedented and legally questionable,” according to the consulting firm ...

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to ...

Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.

Russia is one of the world’s three largest oil producers, meaning any attempt to punish purchases of Russian supplies could ...

The president plans to wield tariffs like financial sanctions, ordering that countries that buy Venezuelan oil have tariffs ...

Crude oil prices drop, with Brent down 6.6% at $65.54 a barrel and WTI down 6.9% at $62.35 a barrel. Higher-than-expected U.S. import tariffs and the decision by OPEC+ to accelerate the unwinding of ...

This week, U.S. President Donald Trump announced that any country that buys oil or gas from Venezuela will pay a 25% ...