Venezuela oil exports reportedly resume as two supertankers carrying 1.8 million barrels each depart under Trump's new policy shift toward the country.

President Donald Trump said one reason that the U.S. will “run” Venezuela and “indefinitely” control its oil sales is because "years ago" Venezuela "took our oil away from us" and "stole our assets." That’s an oversimplification of what happened when Venezuela assumed greater control of its energy sector.

Trump's decision to remove Venezuela's president has all sorts of implications for the country, particularly for the oil sector.

President Trump’s plan to bring up to 50 million barrels of Venezuelan oil to the U.S. is raising questions about whether it’s aimed at lowering gas prices ahead of the midterms.

President Trump is pressuring U.S. oil companies to increase oil production in Venezuela to lower gas prices, but oil-company CEOs are prioritizing their companies' economic survival over Trump's political survival.

First was President Donald Trump’s campaign promise to halve energy prices in year one, and it continued into the muddled aftermath of President Maduro’s capture when Trump vowed to restore Venezuela’s oil production to 1990s levels “within 18 months.

Trump has said the U.S. will get between 30 million and 50 million barrels of oil from Venezuela, to be used “to benefit the people” of both countries.

President Donald Trump did not appreciate an oil company executive's candid assessment of Venezuela's prospects for investment during a White House meeting. The 79-year-old president wants U.S. energy companies to invest at least $100 billion to rebuild the South American nation's oil sector after American troops captured former president Nicolás