Oil and gasoline prices could rise slightly due to Venezuelan export losses and geopolitical uncertainty, though pump prices remain at COVID-19 lows.

New Jersey motorists are seeing the lowest gas prices in years, even against the backdrop of turbulence in Venezuela.

The global oil market is likely to be under pressure in 2026 as growing supply and weak demand curb prices, and traders monitor OPEC+ for policy signals and any attempts to bolster the market, a Reuters poll showed on Monday.

President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing that country's president in a military raid isn't likely to have a