Listen Live

Current Weather

Loading advertisement…

US lawmaker asks Vitol, Trafigura about Venezuela oil deals

WASHINGTON, Jan 29 (Reuters) - The top Democrat on a U.S. House investigative committee on Thursday asked global trading houses Vitol and Trafigura about any correspondence with the Trump administration before the U.S. capture of Venezuela's leader, to determine, he said, who benefits from... Read More.

Oil prices gain on US inventory draw, Venezuela in focus

By Yuka Obayashi TOKYO, Jan 8 (Reuters) - Oil prices gained slightly on Thursday, rebounding from two days of declines, as a larger-than-expected draw in U.S. crude inventories provided some impetus for investors to buy futures while they monitor developments in Venezuela. Brent crude futures... Read More.

Why the US has designs on Venezuela’s oil

NEW YORK (AP) - Venezuela's oil industry has been in the spotlight since President Donald Trump used military force to capture the country's leader, President Nicolas Maduro. In the days that followed, Trump said the U.S. would run Venezuela and tap its oil reserves.... Read More.