Oil price moves aren't random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging ...

Venezuela has the largest share of oil reserves in the world but hasn't been producing or refining it. See the charts.

Oil and natural gas prices turn volatile as US crude inventories jump, resistance holds on charts, and RSI signals fading ...

Oil prices are rising from long-term support as supply cuts, Fed policy pause, a weaker dollar, and renewed Venezuelan ...

President Donald Trump said Saturday the U.S. would tap into Venezuela’s oil reserves following President Nicolás Maduro’s capture. Trump wants U.S. oil companies to invest in Venezuela’s oil industry ...

The president wants to put Venezuela’s viscous crude into play. The problem is the world doesn’t have much appetite for more oil.

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...