A motorcycle rider passes in front of an oil-themed mural in Caracas, Venezuela on September 01, 2022. Nurphoto | Nurphoto | Getty Images Oil sales from Venezuela will continue indefinitely... Read more

By Siyi Liu and Florence Tan SINGAPORE, Jan 7 (Reuters) – Chinese independent refiners are expected to switch to heavy crude from sources including Iran in coming months to replace Ven... Read more

Indian state-owned refiners are buying Russian oil for future deliveries amid U.S. warnings of more tariffs. Private refiners like Reliance Industries have cut back on buying Russian oil. In... Read more

President Donald Trump said interim authorities in Venezuela will turn over between 30 million to 50 million barrels of oil to the United States. Trump said that the oil will be sold at mark... Read more

Lloyd’s List is tracking an “acceleration” of Russian-flag tankers involved in the movement of Venezuelan-sanctioned oil. In December, 17 sanctioned vessels were reflagged... Read more

By Marianna Parraga Jan 6 (Reuters) – Venezuela was loading crude only for U.S. major Chevron on Tuesday, while operations by state-run oil firm PDVSA to load cargoes for its main cust... Read more

Mark Peterson / Getty Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. While joining the millionaire club may feel out of reach for many you... Read more