Us Oil News

The US oil reserve has fallen to a 44-year low as crude prices surge above $100, exacerbated by rising gas prices and geopolitical tensions in the Middle East.

Maria Corina Machado stated that Venezuela requires more than just money following the US oil deal, emphasizing the need for solid institutions and a democratic

US oil giant Chevron, the only major US oil firm in Venezuela, announced it will expand its operations, acquiring extra acreage and aiming to double its output.

A US oil deal, involving 65 billion barrels of crude, has puzzled analysts and angered many Venezuelans, with one former envoy calling it a "colonialist fever d

US oil prices have surpassed $90 a barrel for the first time since late July, following new American strikes on Iran that have raised concerns about disruptions

Venezuela's interim President Delcy Rodriguez stated that the country retains its sovereignty despite an oil deal with the United States.

Venezuela's leader stated that the country retains sovereignty over its resources following a "historic" US oil deal.

An oil deal between the US and Venezuela has been criticized by both sides of Venezuelan politics. The opposition deemed the agreement potentially illegal, whil

Donald Trump claimed on Truth Social that US oil reserves would more than double following actions against Venezuela's Maduro, as the US makes moves in its oil

US oil prices have extended their losses, driven by hopes surrounding talks between Iran and Oman regarding the Strait of Hormuz.

US oil reserves are reportedly at such low levels, amid concerns about a potential Iran conflict during the Trump administration, that the caverns holding them

A U.S. oil company's Arctic drilling project in Greenland has been delayed until at least 2027 after the Greenland government issued a public rebuke for unautho

A U.S. oil company is reportedly close to a significant discovery in Greenland, sparking opposition from local residents due to the sensitive timing for the Arc

Greenland authorities have compelled a US oil company linked to Donald Trump to delay drilling operations in the Arctic territory, contradicting claims by a US

The US oil reserve has reached its lowest level since 1983, following President Donald Trump's authorization to release 182 million barrels from the Strategic P

Cuba has experienced another nationwide blackout, marking the third such incident in July, amid an ongoing US-imposed oil blockade.

Despite President Trump's predictions of collapse after cutting off oil supplies, Cuba is still standing, with Cubans increasingly adopting solar energy to offs

US oil refineries are operating at extremely high capacities due to global conflicts impacting fuel supplies, which increases the risk of outages and contribute

Cuba is experiencing widespread power cuts and growing unrest due to a six-month oil blockade imposed by the US, pushing its society to the brink.

US oil prices surged above $75 after Trump announced a naval blockade against Iran, impacting the Strait of Hormuz, and introduced a 20% cargo fee.