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U.S.-sanctioned Venezuela is set to inaugurate this month exports of a new crude grade, Blend 22, to lure customers even after the expiration of licenses Washington had granted to companies in the U.S., India and Europe to carry Venezuelan oil exports. Because the grade is a blend of crudes produced by state-owned oil company PDVSA at its Western fields, exports must be shipped from La Salina, an aging and deteriorated terminal on the shores of Lake Maracaibo where tankers often get their hulls stained when docking due to oil leaking from submarine pipelines.

More than 40% of buy-now, pay-later users made a late payment in the past year, up from 34% the year before, according to data from Lending Tree.

(Bloomberg) -- Big Oil has a powerful ally in the White House, but the first quarter of Donald Trump’s presidency was a real test for companies’ plans. The rest of the year could be even tougher. Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyNYC’s Congestion Toll Raised $159 Million in the First QuarterNew York City Transit System Chips Away at Subway Fare EvasionAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryThe Last Thing US Transit

On the day Trump took office, Elon Musk, Tesla and his other companies faced at least $2.37 billion in potential penalties from federal agencies, according to a Democratic congressional report.

Pfizer CEO Dr. Albert Bourla and Manas AI co-founder Reid Hoffman were among those discussing how health shapes the global economy.

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?”

HOUSTON (Reuters) -When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have increased the risk to dividends and share repurchases for the rest of 2025. Big Oil has made returning cash to investors through dividends and share repurchases a strategic cornerstone of its efforts to woo Wall Street. U.S. President Donald Trump's global tariff announcements have stoked fears of a recession and weaker oil demand, prompting forecasters to lower their oil price outlooks.