U.S. to Control Venezuela Oil Sales ‘Indefinitely,’ Energy Secretary Says
Chris Wright said the Trump administration was in “active dialogue” with Venezuela’s government about the plan.
Last updated: 2026-01-07 14:21:31 ET
Chris Wright said the Trump administration was in “active dialogue” with Venezuela’s government about the plan.
U.S. forces seized the Russian-flagged oil tanker in dramatic North Atlantic operation targeting sanctioned Venezuelan oil shipments.
Fewer construction companies went under in December 2025 than the month before, according to the latest data from Creditsafe. But the 20 collapses in the final month of the year marked the highest December total since 2022, when 23 firms went under. ...
Energy bears had one last hope: a Venezuelan production ramp. That’s over and the energy sector has never been cheaper, says Kevin Muir.
Venezuela's ex-president Nicolás Maduro is awaiting trial in New York following a daring U.S. raid, as the Trump administration defends the operation...
Silver’s market capitalization has overtaken that of America’s most valuable company, Nvidia, as one ounce of gold buys 80 barrels of oil.
The president said Tuesday that some Venezuelan oil will be shipped to U.S. refineries. He faces challenges getting firms to put their money into the country’s shattered industry.
Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has in abundance — remain appealing.
President Donald Trump late Tuesday said Venezuela will send the U.S. 30 million to 50 million barrels of oil, which will then be sold by the U.S. and...
Companies are facing a situation where they need to fill their pipelines, but also navigate a competitive environment for the best assets.