Crude oil futures traded lower on Friday morning after the US eased some sanctions on the oil industry in Venezuela.

By Timothy Gardner and Marianna Parraga WASHINGTON, Jan 29 (Reuters) - The administration of President Donald Trump lifted ...

The Trump administration eases some sanctions on Venezuela’s oil sector, allowing US companies to invest, but excludes firms ...

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at ...

By Timothy Gardner and Marianna Parraga WASHINGTON, Jan 29 (Reuters) - The Trump administration on Thursday eased some ...

This used to be one of the world's most productive oil basins, and along with the city of Maracaibo, across the lake, is seen ...

This particularly applies to operations involving the state-owned Venezuelan oil company PDVSA, a general license published by the US Treasury Department says ...

The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.

The U.S. announced sanctions in October on Lukoil and Rosneft in an effort to tighten financial pressure over Russia's war in ...

Russian oil company Lukoil plans to sell its international assets to U.S. private equity firm Carlyle Group, Lukoil said ...

Reliance Industries will sharply reduce its imports of Russian crude to comply with U.S. sanctions and ease trade tensions ...

U.S. private equity firm Carlyle Group has agreed to buy most of Lukoil's foreign assets, initially valued at $22 billion by ...