Amidst all the chaos, all heads have turned to crude oil. Why? Because Venezuela has the largest oil reserves in the country.

Oil prices rise amid Iran-Israel conflict as supply fears shake markets- Oil prices climbed sharply on Tuesday, driven by growing tensions between Iran and Israel. The market responded swiftly to news ...

3 days U.S. Oil Blockade Forces Venezuela's PDVSA to Slash Production 3 days Oil Tankers Exit Venezuela Under Cover of Darkness Despite U.S. Blockade Tsvetana is a writer for Oilprice.com with over a ...

What is the price of crude oil today? WTI futures traded at $68.42 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 6.84%. Brent futures traded at $72.07/bbl, a drop of 3.42% in the ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Brent Crude prices dropped below $70 per barrel, and WTI Crude slipped below ...

NEW YORK - APRIL 7: Traders work in the oil futures pit at the New York Mercantile Exchange April 7, 2005 in New York City. (Photo by Stephen Chernin/Getty Images) The NYMEX launched the West Texas ...

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If I had to sum up the ideal political posture for a Lone Star politician, it might be a black-and-white photo from the 1940s: members of a petroleum workers union in Baytown holding a banner that ...

Hollow, pumpkin-shaped molecules can efficiently separate valuable hydrocarbons from crude oil, KAUST researchers have shown [1]. These ‘molecular sieves’, known as cucurbiturils, could enable a more ...