OIL prices rose more than 2 per cent on Thursday (Feb 27) as supply concerns resurfaced after US President Donald Trump revoked a licence granted to US oil major Chevron to operate in Venezuela.

(Reuters) – Oil prices rebounded on Thursday as supply concerns resurfaced after U.S. President Donald Trump’s revoked a licence granted to U.S. oil major Chevron to operate in Venezuela. Gains were ...

Learn how to get started. US President Donald Trump's threat to strip oil giant Chevron of a license to operate in Venezuela could plunge the troubled South American nation into deeper economic and ...

The US government has revoked a permit allowing Chevron Corp. to pump and export Venezuelan oil, ending a crucial financial channel for Venezuela. The permit's cancellation comes after accusations ...

President Trump recently posted he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela ... the country’s government and Chevron (CVX), Rebecca Elliott of The ...

Good afternoon and happy Wednesday, readers! We are starting off today’s newsletter with President Donald Trump announcing plans to cancel an oil deal with Venezuela made by his predecessor. Callie an ...

Many PDVSA partners including Chevron ceased exports of Venezuelan oil as a result ... the European companies to swap PDVSA's Venezuelan crude for refined products, which has eased scarcity of motor ...

US President Donald Trump's threat to strip oil giant Chevron of a license to operate in Venezuela could plunge the troubled South American nation into deeper economic and social turmoil ...

Chevron exports about 240,000 barrels per day of crude from its Venezuela operations, over a quarter of the country’s entire oil output. Ending the license means Chevron will no longer be able ...

In a post on Truth Social, Trump said he was "reversing the concessions" of the "oil transaction agreement, dated November 26, 2022." Trump did not name Chevron in his comments, but Washington ...