Trump wants oil at $50. He thinks Venezuela can help — but oil drillers might not go along.
The president seeks to provide some relief at the nation’s gas pumps, but some consider crude prices at $50 a barrel as too low for U.S. drillers.
Last updated: 2026-01-09 10:24:33 ET
The president seeks to provide some relief at the nation’s gas pumps, but some consider crude prices at $50 a barrel as too low for U.S. drillers.
A guide to what’s happened with Venezuela’s crude-oil production and exports since President Donald Trump ordered a blockade of sanctioned oil tan...
Energy bears had one last hope: a Venezuelan production ramp. That’s over and the energy sector has never been cheaper, says Kevin Muir.
Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has in abundance — remain appealing.
Refiners in the U.S. have the distinctive ability to handle the type of heavy crude Venezuela claims to have in abundance.
In the fast-moving world of AI development, it is rare for a tool to be described as both "a meme" and AGI, artificial generalized intelligence, the "...
U.S. drivers are likely to see lower prices at the pump this year amid lower global oil prices and strong crude production.
For the oil market, the hype is real — the U.S. now has the opportunity to to more freely access crude from Venezuela, a country that’s widely acc...
The impact of Maduro's overthrow on oil prices is ambiguous in the short run, said Daan Struyven, head of oil research at Goldman Sachs.
South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long ...