Oil prices fell Friday as investors evaluated news reports about expected higher Venezuelan crude oil production following a possible agreement between the Trump administration and the key South American oil producer. At 11:45 a.m. ET, NYMEX September West ...

Tensions between the U.S. and Venezuela are ratcheting up, with a showdown between President Trump and Nicolás Maduro putting the two nations on the brink.

Venezuela’s autocrat had proposed allocating his country’s oil wealth and other natural resources to the U.S. and ending deals with American adversaries to appease President Trump.

Some Venezuelan creditors are objecting to the selection of Dalinar Energy's $7.38 billion bid as the winner of a court-ordered auction for control of Citgo Petroleum, according to court filings. The objections, including by the holders of defaulted ...

Venezuelans living in and out of the country feel hopeless at the failures of socialism and are increasingly idolising far-right leaders like Milei and Trump in an attempt to squash socialist practice.

Venezuela, casting around for income amid U.S. sanctions, recently restarted coal production with a Turkish company and is looking to export more than 10 million tons of the fuel this year, company sources say.