Geopolitical tensions have driven crude oil prices to a three-month high, with WTI trading just under $63 and Brent ...

Venezuela's official 300 billion barrels of proven oil reserves is largely the result of reclassification and political ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

Venezuela's oil is mostly extra-heavy crude from the Orinoco Belt, with breakeven costs above $80 per barrel-making it ...

Most of the country's oil is extra-heavy crude from the Orinoco Belt, which requires more energy to extract, transport and refine than lighter grades. The crude is also sour, meaning it contains high ...

Venezuela holds the world's largest proven oil reserves, surpassing Saudi Arabia with around 303 billion barrels of crude oil ...

Syria has resumed extracting oil at fields in the country's northeast that were recently recaptured from the Kurdish-led ...

SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...

Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the ...

Gen Z is a generation born into a world full of anxieties—from school shootings to climate Armageddon, to a pandemic and political violence. But I’m here to give you one more thing to worry about! A ...

CNQ controls the longest-life, lowest-decline assets in North America, turning oil sands into a structural cash-flow advantage. Breakeven just above $40/bbl, record efficiency gains, and almost no ...