President Donald Trump has declared that the United States will effectively control how Venezuela's vast oil reserves reach global markets, turning a long running sanctions regime into an open ended ...

CARACAS, Venezuela — Venezuela’s legislature on Thursday approved opening the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the ...

-- Brent crude oil rises 1.2% to $60.68 a barrel. -- European benchmark gas is down 4.1% to 27.60 euros a megawatt-hour. -- Gold futures are down 0.6% to $4,433.60 a troy ounce. -- LME three-month ...

Markets looked past rising supply as shifting U.S. rhetoric on Iran and ongoing weather-related disruptions kept risk premiums elevated. Trump’s erratic rhetoric has been greatly supportive of oil ...