Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up as coronavirus lockdowns ease. Brent crude LCOc1 futures were up 1.4%, or 48 cents, at $36.01 a barrel by 1210 GMT. U.S. West Texas...

The first of five Iranian tankers carrying fuel to Venezuela has moored at Venezuela's El Palito refinery, Iran's English-language Press TV reported on Monday. Iran is providing Venezuela with 1.53 million barrels of gasoline and components in a move criticized by U.S. authorities as both...

Oil prices rose on Monday, erasing earlier losses, as countries around the world continued to ease lockdown measures imposed to combat the coronavirus pandemic, boosting hopes for a recovery in fuel demand. Amid quiet trading, with financial centres Singapore, London and New York all closed...

 A flotilla of five tankers carrying Iranian fuel for gasoline-starved Venezuela is approaching the Caribbean, with the first vessel expected to reach the South American country’s waters on Sunday, according to Refinitiv Eikon tracking data. Iran is supplying about 1.53 million...