Senior Vitol trader met US president at White House last week and gave millions to his re-election campaign
Brent crude falls more than 4% as oversupply fears return
To rebuild the energy sector, the country needs a credible, legitimate government investors can trust
The US oil services company could be active in the country within ‘months’, its CEO says
Collaboration comes against backdrop of pricing pressure from China and rival sources of supply
Tin also reaches fresh peak as metals extend recent strong run
Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro
Peeling back the layers of the ambiguously-regulated US prediction market
UK oil major suffers latest setback as it tries to pivot back to fossil fuels
Australian producer Fortescue says China Mineral Resources Group is ‘key risk’ for market as Beijing seeks more leverage
State-appointed administrators file complaint to Milan court about ‘mismanagement’ of the Taranto site by former owner
Long-term inflation expectations tick up after US prosecutors launch criminal investigation into chair Jay Powell
The proposed $260bn tie-up would create the world’s biggest copper producer at a time of soaring demand for the metal
Equity stake in Atlantic Alumina Co is part of drive to counter Chinese dominance of critical metal supply chains
US president attacks oil major’s chief executive over his scepticism about investing in South American country
Groups including Reliance stand to benefit as they seek low-cost alternative to sanctioned Russian supply
Trump is seeking to convince sceptical US oil companies to invest in Latin American nation after overthrow of Maduro
A week of bold actions and wild rhetoric
Nicolás Maduro’s removal has opened the door to a huge and complex debt workout
Chief executive Darren Woods pushes back against president’s call to rush back into troubled country
US president seeks to win commitments from oil executives to invest up to $100bn
Revived attempt to create a $260bn megamerger underscores the desperate need for copper
Companies wary of administration’s strategy and want security and legal guarantees
Bolívar has fallen nearly 20% on black market, after US capture of President Maduro
Doubling down on fossil fuels threatens to leave the US floundering in the AI race with China