Venezuela's official 300 billion barrels of proven oil reserves is largely the result of reclassification and political ...

By Georgina McCartney and Arathy Somasekhar HOUSTON, Jan 21 (Reuters) - Valero has bought a cargo of Venezuelan crude oil, ...

WTI Crude Oil, currently trading near $59.15 as of January 15, 2026, is under pressure following a sharp reversal and failure ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

Venezuela, accused by the United States of being part of an oil shipping network that supported groups like Hezbollah and the ...

WTI trades near $59 after a more than 4% drop erased most of this week’s gains. Crude remains below all major moving averages ...

Company continues cleanup in Cheboygan County wetlands after 221 barrels of crude, brine and condensate leaked from flowline in April 2025.

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...

Crude oil inventories in the United States increased by 3.6 million barrels during the week ending January 21, according to ...

Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very ...

The Middle Eastern crude oil market is showing more signs of weakness amid growing concerns about a global glut that could drag prices still lower. The discount of the regional Dubai benchmark to ...

U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% below the five-year average for the time of year, the EIA said.