Trump’s Venezuela oil deal is already up and running
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The tepid reception from the industry threatens to further complicate Trump’s unprecedented intervention in Venezuela, which he envisions as a yearslong entanglement aimed at remaking both its political leadership and its oil-centric economy.
Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive volatility, Goldman Sachs said in a note on Sunday.
What are the most attractive oil stocks right now for investors in the wake of the U.S. takeover of Venezuela? Seeking Alpha analysts Deep Value Investing, Fluidsdoc, and Daniel Jones gave us their picks.
The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.
President Trump says he has canceled "the previously expected second Wave of Attacks" on Venezuela. He is meeting with oil industry executives at the White House Friday.
Discover the top Russian oil companies by oil production volume and their domestic and international business operations.
Hundreds of miles above the Arctic Circle, an American oil company is attempting to extract billions of barrels of oil on Greenland, just as Trump is escalating tensions with the territory.
Oil prices rose on Friday on concerns about potential disruption to Iran's output and uncertainty about supply from Venezuela.