As ExxonMobil produces oil offshore in Guyana, Venezuela has asserted claims to a large region of the country, recently ...

Oil prices diverged on Tuesday as a maritime and energy truce between Russia and Ukraine offset concerns about tighter global ...

The U.S. has announced plans to impose 25% tariffs on countries importing Venezuelan oil, marking a new sanctions tactic.

While the U.S. Trump administration is encouraging oil-rich countries across Africa, such as Nigeria, to develop their untapped fossil fuel reserves, much of the rest of the world is pressuring ...

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East ...

Nigerian consumers currently face petroleum shortages, despite being in one of the world's most oil-rich countries, as most refined oil is exported. Last week, the government banned large fuel ...

Secessionists in Alberta say they are sick of their oil-rich province subsidizing the rest of the nation. A dissatisfaction with the status quo, along with avid support for Donald Trump ...