The U.S. is weighing case-by-case exemptions for some countries from the next set of sanctions.
Read More »The End of Cheap Gasoline in Venezuela
Maduro promised earlier this week to roll out a new plan to ease the economic crisis.
Read More »Saudi Arabia Supplying Fuel to Help Iraq Overcome Electricity Crisis
Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.
Read More »Saudi Arabia and Kuwait will Form Co-operative Council
The two countries will probably resume production on two joint oilfields in the south of Kuwait.
Read More »5 Geopolitical Factors Which Have Affected Oil Prices in 2018
Venezuela now produces almost half of the oil it did two decades ago.
Read More »Mogherini: EU in Full Support of Libya
The EU fully supports the Presidential Council and its efforts to stabilize Libya.
Read More »US Considers Tapping Emergency Oil Stockpiles to Decline Prices
The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.
Read More »Venezuela`s Opposition Is Trying to Save PDVSA
A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.
Read More »Libya`s Main Oil Terminals Reopen
The Libyan National Army contends that some of the oil revenue flowing from the NOC to the Libyan government is diverted to fund rival militias.
Read More »Libya Oil to Flow after Haftar Deliver Central Fields
Transparency about spending would enable Libyans to see who is getting what from Libya oil.
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