US Crude Stocks Fall, Gasoline and Distillate Inventories Rise, EIA Says

(Reuters) – DENVER, Jan 7 – U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 3.8…

COMMENTARY: Orsted’s US Wind Hit Has Further to Play Out

By LONDON, Jan 7 (Reuters Breakingviews) – Orsted (ORSTED.CO) has been reminded again that offshore wind developers can do many things right but can still be undone by politics. U.S.…

Oil Falls After Trump Says Venezuela Will Supply to US

Summary Trump says Venezuela to export $2 billion worth of oil to US Deal to redirect Venezuelan oil exports to US from China Both benchmarks extend declines from previous session…

US Seizing Venezuela-Linked Oil Tanker After Weeks-Long Pursuit

The vessel tanker Bella 1 at Singapore Strait, after U.S. officials say the U.S. Coast Guard pursued an oil tanker in international waters near Venezuela, in this picture taken from…

Trump’s Plan to Take Venezuelan Oil Angers China

Summary Trump announces deal to import up to 50 million barrels of crude Venezuela’s main buyer China denounces U.S. ‘bullying’ Oil prices fall on anticipated supply increase Captured leader Maduro’s…

How Delcy Rodríguez Courted Donald Trump and Rose to Power in Venezuela

Then Venezuela’s foreign minister, Rodríguez directed Citgo — a subsidiary of the state oil company — to make a $500,000 donation to the president’s inauguration. With the socialist administration of…

Trump to Meet Oil Companies at White House About Venezuela

U.S. President Donald Trump will meet with oil company executives at the White House late this week to discuss ways to revive Venezuela’s tattered oil sector, according to three sources…

Venezuela to Export $2 Billion Worth of Oil to US in Deal with Washington – Between 30-50 Million Barrels

Summary Deal to redirect Venezuelan oil exports to US from China Trump says agreed volume to supply is 30-50 million barrels Exports expected to stem further cuts to Venezuelan output…

Venezuela, US in Talks to Export Venezuelan Oil to US, Sources Say

(Reuters) – Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday. Venezuela has millions…

Trump Administration Says There Are Ways US Can Lift Venezuelan Oil Output Quickly

(Reuters) – The Trump administration on Tuesday dismissed analysts’ estimates that it would take years to ramp up Venezuela’s crude production, saying there were ways to quickly boost the country’s…