Big Oil resists Trump call for major Venezuela investmentJanuary 11, 2026 Chevron Exxon and Conoco signaled caution in talks with Trump, highlighting sanctions, aging infrastructure, and costly rehabilitation needs in Venezuela oil.
Brent crude price drops 3% after three-year low amid rising US stockpilesMarch 5, 2025 Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production.