Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle East ...

Citizens leave their homes only if they have no choice. Each time they do, they risk kidnap, torture and death in the ...

President Donald Trump announces Venezuela will move 30-50 million barrels of oil worth $2.8 billion to U.S. after former ...

Oil prices are already in significant decline, even as Trump announces just how much oil we'll be stealing from Venezuela.

The latest protests in Iran threaten to destabilise Ayatollah Ali Khamenei's now more than 30-year rule - potentially sending ...

Energy bears had one last hope: a Venezuelan production ramp. That’s over and the energy sector has never been cheaper, says ...

Energy industry stocks and oil prices are rising after the U.S. seized Venezuelan President Nicolás Maduro and his wife in a military operation on Saturday. In Wall Street trading on Monday, shares in ...

The Trump administration has warned outright that toppling Maduro will help advance another decades-long goal: Dealing a blow to the Cuban government. Severing Cuba from Venezuela could have ...

Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. The U.S. strike on Venezuela has renewed focus on the country's ...

Venezuela sits atop an estimated 303 billion barrels of crude oil, according to OPEC data, making it the world’s largest holder of proven reserves. But energy analysts say only a fraction of that oil ...

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...