African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy's capital structure and unlock ...

The US Coast Guard is pursuing an oil tanker in international waters near Venezuela, officials said on Sunday, in what would be the second such operation at the weekend and the third in less than two ...

Oil prices held steady on Tuesday after rising more than 2% in the previous session, as the U.S. said it might sell the ...

Time for enforcement? Between 2017 and 2023, enough sanctioned oil was exported from Iran, Syria, Russia and Venezuela to satisfy U.S. oil consumption for over eight months. The Coast Guard seems to ...

At the interbank foreign exchange, the local unit opened at 89.67 against the dollar but lost ground to trade at 89.73, down ...

Trump administration is aiming to interrupt a shadow fleet of tankers that supply sanctioned oil to several U.S. adversaries.

In his pressure campaign on Venezuela, which includes a "blockade" on oil tankers under sanctions entering and leaving the country, U.S. President Donald ‌Trump on Monday said the U.S. might keep or ...

U.S. gasoline prices are below $3 a gallon as the end of the year approaches, the lowest they've been in four years.

Analysts expect crude prices to stay weak into 2026, with oversupply outweighing geopolitical risks and keeping Brent at or ...

Arlan Suderman with StoneX, Inc. says some of Monday's buying was tied to money flow and end of the year profit taking he says. The higher energy market was also supportive of the grains.

Weak prices are expected to force a rebalancing, with OPEC+ and other producers already signaling adjustments that could eventually tighten supply and lift prices.

President Trump said on Monday that the U.S. government will, for now, keep the oil and two oil tankers that the U.S. Coast ...