Oil prices remain stagnant around $64 as traders weigh potential U.S. action on Venezuela against weaker domestic fuel demand ...

U.S. military preparations near Venezuela risk triggering a geopolitical and energy crisis that could disrupt global oil and ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron (CVX) and other foreign energy ...

Senior Biden administration officials have quietly traveled to Caracas in the latest bid to rebuild relations with the South American oil giant as the war in Ukraine drags on, driving higher gas ...

(AP) Owners of the 1970s-era gas guzzling trucks and sedans that have long reigned over Caracas’ smog-filled roadways will soon have to pay a bit more to keep flaunting their energy-inefficient ...

Caracas lashes out — accusing Trinidad and Tobago of aiding U.S. “false flag” plot as diplomatic crisis explodes across the ...

Fuel, or oil, in the form of petrol and diesel, is in great demand in every country in the world. It would not be a hyperbole to say that the world’s economy runs on fuel. These are commodities on ...

CARACAS (Reuters) - Venezuela's heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas ...