The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

Venezuela has the largest share of oil reserves in the world but hasn't been producing or refining it. See the charts.

The United States’ bid to control Venezuela’s oil sector after abducting Venezuelan President Nicolas Maduro has shone a spotlight on the type of crude held by the Latin American country. Crude oil, ...

It is unclear what, if anything, Venezuela would get in return for the oil, which is worth somewhere between $1.8 billion and ...

Venezuela says it sits on the world's largest commercially viable oil reserves. Even if that claim is shaky, the challenges ...

President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far ...

President Donald Trump wants to tap into Venezuela's oil reserves. Here's what to know about the country's oil industry.

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...

Venezuela has the largest oil reserves of any country on Earth. But the type of oil it has is difficult, and dirty, to process. Experts say ramping up production would be expensive, and dangerous for ...

What Is Murban Crude Oil? Murban is a crude oil grade produced in the UAE, primarily from ADNOC’s onshore concessions. It typically has an API gravity around ~39.9° API and sulfur content ~0.79%, ...