Venezuela’s oil type is particularly lucrative for US refineries, according to analysts. The United States’ bid to control ...

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

Most of the country's oil is extra-heavy crude from the Orinoco Belt, which requires more energy to extract, transport and refine than lighter grades. The crude is also sour, meaning it contains high ...

Amid the pervasive gloom and jitters of geopolitics, India has found a silver lining in innovation. It became the first ...

A new geopolitical storm is brewing as the United States takes control of Venezuela's oil reserves. This move significantly ...

Canadian Natural Resources Limited (CNQ) earns a Strong Buy rating, driven by low production costs, diversified assets, and ...

The contrast can be partly explained by geology. Most Venezuelan oil is considered heavy and sour, meaning it is dense and high in sulfur. Extracting, transporting, and refining this oil is more ...

Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could ...

As a result, we have to sell more than 90% of our oil exports and almost 100% of our natural gas exports to the U.S. at huge ...

For now, you might be better off enjoying the recent current decline in crude oil and gas prices, which has more to do with ...

How Venezuela Turned Massive Oil Wealth Into Economic Ruin. Following the dramatic seizure of Venezuelan President Nicolas ...

Key Takeaways Venezuela's collapse in oil production stems from nationalizations that drove out technical expertise, ...