The US government has notified foreign partners of Venezuelan state oil company PDVSA of the imminent cancellation of ...

Oil prices rose on Wednesday as concerns about tighter global supply grew following the U.S. threat of tariffs on nations ...

The tariffs will be levied at the discretion of Secretary of State Marco Rubio once the Department of Commerce establishes that a country has received Venezuelan oil and ... activities in ...

However, decline in crude oil exports from Venezuela wouldn’t affect the global market significantly, said Jason Miller, a professor of supply chain management at Michigan State University ...

Analysts also believe that the tariff will affect Venezuelan oil exports to China ... Economists caution that if the currency’s decline continues, Venezuela could once again enter a period ...

Oil is Venezuela's main export and China, which is already the ... of certain types of Venezuelan oil in past years led to a decline in the volume of Venezuelan crude received by Chinese buyers ...

Trump gave Chevron 30 days to wind down Venezuela ops, citing lack of progress on elections and migrant returns ...

The combination of tariffs and license cancellations to enforce sanctions is expected to squeeze Venezuela's oil exports in the coming months, after they began to decline in March, according to ...