Oil

Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.

It’s no secret Venezuela’s once robust oil industry is wrecked, which is why its economy is wrecked too. Even Venezuela’s authoritarian socialist…

As Venezuela’s oil-based economy continues to crumble, a politically connected class of businessmen with financial ties to Miami has grown fabulously…

The oil company said it will sell an unspecified number of shares on a Saudi Arabian exchange. Its valuation could be $1.5 trillion, and it may be the world's biggest IPO.

In an interview ahead of this week's U.N. General Assembly, Mohammad Javad Zarif tells NPR that U.S. sanctions against Iran "will not be able to bring us to our knees."

The U.S. and Saudi Arabia claim Iran is behind the attack. Iran denies involvement. Here's what the physical evidence shows.

Military and intelligence officials say it looks like Iran launched the airstrikes but the U.S. has been slow to respond.

Fill up your gas tank now because prices are going up.The drone attack on Saudi Arabian oil fields that the United States is blaming on Iran caused a…

It's the largest one-day surge in crude prices in years. Yemen's Iranian-backed Houthi rebels claimed responsibility for the strikes, but the U.S. says Iran played a key role. Iran denies involvement.

Houthi rebels in Yemen have claimed responsibility for the attacks, but Secretary of State Mike Pompeo accused Iran of launching an "unprecedented attack on the world's energy supply."

Earlier this year the U.S. all but cut off oil imports from Venezuela to put more pressure on the country’s authoritarian regime. Now another major…

On Friday, President Trump will meet with leaders from five Caribbean island nations at his Mar-a-Lago resort here in Florida. A big question is: what…