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

State-owned oil Petroleos de Venezuela SA plans to roll out a price increase of $0.25 per liter to $0.75 across states.

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 ...

For example, conflicts or unrest in countries such as Iraq, Venezuela, or Russia can disrupt the supply of crude oil and lead to an increase in the price of petrol. The price of petrol (or ...

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 ...

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

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

There’s a looming supply crisis which is set to send energy stocks soaring and savvy investors can get in on this unfolding story early, writes ASX Trader. Just over a month ago, I called the bottom ...

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