Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following ...

State oil company Petroleos de Venezuela SA (PDVSA) plans to increase the price at the pump from $0.50 to $0.75 per liter. While the new pricing has already been communicated to private fuel ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Higher crude prices squeeze Indian oil refiners as they have largely kept retail fuel prices unchanged in the domestic market ...

The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their ...

Arlie Russell Hochschild is a professor emerita of sociology at the University of California, Berkeley, and the author of “The Second Shift,” “Strangers in Their Own Land” and, most recently, “Stolen ...