It will take years and billions in major investments for Venezuela to boost its oil production and impact prices, experts say.

Secretary of State Marco Rubio said the Trump administration would work with Venezuela’s acting leader, Delcy Rodríguez, a Maduro ally, to get foreign investment into the oil industry.

Analysts are braced for a $17.3 trillion oil price upheaval that could send shockwaves through the bitcoin price and crypto

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The eight OPEC+ members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman - raised oil output targets by around 2.9 million barrels per day in 2025, equal to almost 3% of world oil demand, to regain market share.

U.S. action in Venezuela has renewed focus on the country’s vast oil reserves, heavy crude challenges, and the expropriations that reshaped the country's oil industry.

Tennis legend Martina Navratilova agrees with journalist's social media post calling for criminal sanctions against U.S. oil companies that take Venezuelan oil.

Venezuela is sitting on 303 billion barrels of crude, and what happens to that stockpile is critical for oil prices.