Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling ...

Venezuelan state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing US oil blockade that has reduced exports to zero, piling more ...

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India's manufacturing purchasing managers’ index (PMI) fell to 55.0 in December from 56.6 in November, marking the weakest improvement in the health of the sector in two years. The decline was driven ...

The Organisation of Petroleum Exporting Countries and its allies, OPEC+, have agreed to pause their planned oil supply increases through the first quarter of 2026, opting to maintain current ...

MIAMI, Jan 3 (Reuters) - Venezuela is unlikely to see any meaningful boost to crude output for years even if U.S. oil majors do invest the billions of dollars in the country that President Donald ...