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Italy’s state-backed oil giant makes a major discovery off the shores of Angola

Italian oil company Eni said it has made a new oil discovery in offshore Angola.
A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014.

Dow dives nearly 500 points, wiping out its gains for the year

Wall Street wiped out gains for the year Thursday as concerns about a cocktail of factors weighed on global markets.

Meet the Bush family: A guide to America’s preeminent political dynasty

Learn the lineage of the Bush family, which became one of the United States' iconic political dynasties
Emir of Qatar Sheikh bin Hamad al-Thani

Qatar set to leave OPEC in January as Middle East spat worsens

Qatar has announced it will quit the cartel effective January 1, adding additional bite to proceedings ahead of an OPEC meeting in Vienna on Thursday.

Global markets are ripping higher after Trump and Xi’s trade war agreement

All major Chinese indexes are higher by 2.5% or more, while European stocks and US futures are seeing similar gains. Oil is also surging.

The US is becoming a force to be reckoned with in the oil market

After becoming the world's largest oil producer this year, US influence in the energy market has continued to grow.

Trump says US troops may not need to be in the Middle East because ‘we’re producing more oil now’

Trump suggested that the US military presence in the Middle East was tied to the region's oil.
US President Donald Trump greets Iraqi Prime Minister Haider al-Abadi at the White House in Washington, U.S., March 20, 2017.

H.R. McMaster reportedly called Trump out for asking about taking Iraq’s oil

Trump has never been totally on board with US military campaigns overseas, but his ideas to pay for them have only stirred up more trouble.
A oil pump is seen at sunset outside Scheibenhard

Oil crashes to its lowest level of 2018 despite Saudi Arabia’s proposed production cut

Oil markets continued to drop Friday as persistent concerns about a glut were exacerbated by weaker economic conditions.

A former US ambassador to Venezuela lays out what could be ahead for the crisis-ridden country

Business Insider spoke with John Maisto, the former US ambassador to Venezuela, about how the country got where it is and where it might be going.