Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise ...

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...

Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks ...

Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied ...

Opec’s crude production held steady in December as a slump in Venezuela’s output to the lowest in two years was offset by ...

OPEC production remained stable during December 2025, as a decline in Venezuelan supplies to a two-year low was offset by ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands in recent days, a sign investors are hedging against the risk of another large production hike from OPEC and its ...