Trump’s decision to impose a 25% tariff on buyers of Venezuelan oil could lead to a substantial tightening in the global oil balance, according to ING.

Global Oil Terminals has become the second U.S. oil company to lose authorization to operate in Venezuela, following Chevron, ...

“In recent years, Venezuela increased oil production and exports as the Biden administration eased sanctions, providing a waiver to Chevron to ... ([email protected]) Oil Gains on Supply ...

President Trump said he would impose a 25% tariff on any country that purchases oil or gas from Venezuela, an arrangement that could allow Chevron to continue to continue to do business there. Trump d ...

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The US Treasury Department previously said that Chevron must end its operations in the Latin American country by April 3, imminently threatening a vital source of revenue for the government of Nicolas ...

Global Oil Terminals, owned by billionaire Trump ally Harry Sargeant, is among a raft of oil companies ordered to end ...

(Bloomberg) -- The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, ...