Oil

Oil

A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. REUTERS/Natalya Chumakova/File Photo

Oil prices drop 3% after Trump comments on Iran

West Texas Intermediate dropped 3.0 percent to $60.16 per barrel while Brent crude was down 2.93 percent to $64.57, after Trump said he had been told the killings of protesters in Iran had been halted

The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025. Photo: REUTERS/Juan Carlos Hernandez

Oil pauses gains as Venezuela shipments resume, but Iran concerns loom

File photo of US President Donald Trump pointing on 15 June 2025. Photo: Kevin Lamarque/Reuters

Trump moves to block courts from seizing Venezuelan oil revenue in US accounts

US President Donald Trump, Vice President JD Vance, Secretary of State Marco Rubio and US Secretary of the Interior Doug Burgum attend a meeting with oil industry executives, at the White House in Washington, DC, US, on 9 January 2026. Photo: Reuters

Trump urges US oil giants to repair Venezuela's 'rotting' energy industry

El Palito refinery of the Venezuelan state oil company PDVSA is pictured, in Puerto Cabello, Venezuela on 10 February 2024. REUTERS/Leonardo Fernandez Viloria/File Photo

White House oil meeting on Venezuela includes independents, and strong links to Denver

A man identified as Amirul Islam had constructed a tin-shed structure near the pipeline around a month ago. Taking advantage of the location, he allegedly drilled into the underground pipeline and siphoned fuel over a prolonged period. Photo: Collected

Oil theft from BPC's Chattogram-Dhaka pipeline in Mirsarai raises security concerns

File photo of US President Donald Trump pointing on 15 June 2025. Photo: Kevin Lamarque/Reuters

Trump announces plan to sell Venezuelan oil as US signals it is in talks with Caracas

Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Picture taken on April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo

Venezuela to export $2 billion worth of oil to US in deal with Washington

Illustration: TBS

Regime change and oil: A recurring Western dilemma

An oilfield worker walks next to drilling rigs at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas on 16 April 2015. File Photo: Reuters

No quick wins in tapping Venezuela's oil reserves

The logo of Venezuelan state oil company PDVSA is seen on a fuel tank truck, in Caracas, Venezuela May 14, 2025. Photo: REUTERS/Leonardo Fernandez Viloria

Venezuela resorts to floating storage as onshore storage tanks fill up

An oil tanker sails on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. Photo: REUTERS/Issac Urrutia

Oil loading in Venezuela slows, more ships make U-turns after new US interceptions

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photo: REUTERS/Tatiana Meel

Oil rises as Venezuelan supply disruptions outweigh surplus concerns