Oil prices are hovering near key resistance as traders weigh rising U.S.–Iran tensions against a sharp U.S. crude inventory build, while strong job growth supports demand and technical breakouts could ...

Venezuela's official figure of over 300 billion barrels of proven oil reserves is mostly a statistical reclassification of extra-heavy crude from the Orinoco Belt, driven by high oil prices and ...

Chevron’s push into Venezuelan heavy crude highlights a refining mismatch in U.S. energy markets, where complex refineries ...