Venezuela’s oil exports remained relatively steady in May, asincreased shipments to China offset falling deliveries to ...

For its part, state oil company PDVSA reported a 998,000 bpd output in December, up from 960,000 bpd the prior month. Venezuela’s crude and byproduct exports receded to 756,000 bpd last month from a ...

government income is deeply reliant on the export of oil ... and usher in democratic stability, it ensured that oil profits would be concentrated in the state. OPEC. Venezuela joined Iran, Iraq ...

Caracas, April 13, 2023 (venezuelanalysis.com) – Venezuela’s crude production remains stagnated while exports have ... and “ensure stability in the international energy market.” However, the country’s ...

Trump announced secondary tariffs on countries buying Venezuelan oil, effective ... sanctions against Venezuela, and take steps that contribute to peace, stability, and development in Venezuela ...

Venezuela’s oil sector has been grappling with chronic underinvestment, operational inefficiencies, and international sanctions. Although exports ... emphasized market stability over price ...

HOUSTON/MARACAY (Reuters) - Venezuela's August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments to China, the U.S. and Europe as the ...

WASHINGTON — President Trump said Wednesday that he’s canceling a Biden-era economic reprieve for Venezuela — a move that will cause Caracas to lose roughly 34% of its oil export market.

CARACAS, Venezuela — A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week, President Donald Trump ...