Discover the methods that companies use for forecasting oil prices, including calculus, econometrics, and market influences like OPEC and futures trading.

An Iraqi economist argues that high shipping costs and OPEC+ limitations make it financially unviable for Iraq to replace ...

The president’s posture toward Venezuela isn’t new. He previously has said the U.S. should seize oil from Iraq and Syria.

Liberals should support America’s oil and gas industry. This won’t be popular with everyone on the left. But President ...

Canadian Natural Resources' diversified asset base and efficient reserve management drive resilience. Read why CNQ offers a ...

In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to ...

Reuters.com is your online source for the latest Iraq news stories and current events, ensuring our readers up to date with ...

U.S. imports of Kurdish crude are less about oil and more about geopolitics. Iran views Kurdish gas development as a threat, ...

The U.S. is weighing its military options in oil-rich Venezuela, influencing elections in other South American petroleum nations, and increasingly trying to control natural resources in the Americas.

Venezuela is home to about 17 percent of the world’s known oil reserves, as well as a virtually untapped supply of crucial ...

Wood Mackenzie, a global research and consulting firm, estimates that improvements and investments in Venezuela's infrastructure could lift its oil output to roughly 2 million barrels a day - in one ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...