The gas price spike started last month after Saudi Arabia oil production facilities were attacked.
Read More »Maduro Wins Second Term amid Boycott
Increasing authoritarian rule and mismanagement of the all-important state-run oil industry have caused a deepening economic crisis.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »China Promises to `Deal Seriously` with Sanctions Violators
A foreign ministry spokesman said Friday that Beijing has no information about operations of ships registered in other countries.
Read More »