Chevron, Other U.S. Firms Near Deal to Invest Billions in Venezuelan Oil Fields

The U.S. oil major is close to an agreement to add two heavy-oil fields to its portfolio in Venezuela. Halliburton is also in talks.

How Xi Jinping Turned Oil From a Weakness Into a Geopolitical Weapon

China's crude reserves have given it huge power over the global oil market-and a critical new defense against the West.

Oil Futures End Week Lower As More Oil Seen Moving