Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

Oil prices rise on US-Iran diplomacy and trade war lull, boosting energy ETFs. Companies like ExxonMobil and Chevron benefit. OPEC lowers demand forecast.

bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico.