US President Donald Trump’s plan to revoke Chevron Corp.’s operating license in Venezuela threatens to force the nation’s oil ...

Oil prices are down over 1% on Friday and were headed for their first monthly drop since November, as markets braced for ...

The licence reversal was attributed to President Nicolas Maduro's lack of progress on electoral reforms and migrant returns.

Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.