US pursuing third oil tanker near Venezuela
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As President Donald Trump's drug campaign targets Venezuela, potential land strikes raise concerns about oil market disruption and higher energy prices for Americans.
Oil prices rallied by more than 1% on Wednesday after U.S. President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising global political tensions and easing concerns about a swelling surplus of global crude.
Tacitly anticipating Trump’s next moves on Venezuela, the oil markets have been trending sideways as ICE Brent continues to hover around $64 per barrel. Barring any upcoming moves in the Caribbean, the sentiment is tilting towards the bearish side.
CARACAS, Venezuela— “There’s no more 95!” René González shouts to the queue of cars waiting to fill up their tanks with cheap fuel for the last time. González works at a medium-sized gas station that’s unaccustomed to seeing many cars after 3 ...
CARACAS (AP) — La vicepresidenta de Venezuela, Delcy Rodríguez, dijo el miércoles que Trinidad y Tobago debe pagar por el suministro de gas natural venezolano, luego que Estados Unidos le otorgó permiso al gobierno de Puerto España para negociar un ...
Gas prices in Albuquerque and Santa Fe have increased recently, with a UNM economics professor attributing the rise to geopolitical events and market speculation.
Colombia has restarted talks to import natural gas from neighboring Venezuela as the country faces a growing shortage of the fuel. As part of the negotiations, officials are exploring whether state run Petróleos de Venezuela SA can repair a badly damaged ...