Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

For example, conflicts or unrest in countries such as Iraq, Venezuela, or Russia can disrupt the supply of crude oil and lead to an increase in the price of petrol. The price of petrol (or ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Oil prices have spiked on the back of a lower-than-expected OPEC+ production hike, wildfires in Canada, and rising ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Over the past decade, gold has nearly tripled in price, reaching record highs earlier this month. One can smuggle more than $1 million worth of gold in nothing more than a briefcase, and demand for it ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...