At the start of 2026, most oil analysts expected the global crude market to be weighed down by a significant supply glut, keeping prices under pressure throughout the year. After all, oil prices had already fallen by aro...

Oil prices edged slightly higher on Wednesday, though they remained near two-week lows. The modest rebound followed a nearly 2% drop in the previous session, investors continued to assess progress in U.S.–Iran nuclear ta...

Donald Trump has signaled plans to visit Venezuela and tap into the country’s vast oil reserves, the largest in the world. His remarks came after Venezuela passed new legislation allowing greater private and foreign inve...