Venezuela’s flagship oil blend, Merey, maintained a stable price of US $59.58 per barrel during this period. While Venezuela managed to boost its exports, the country’s oil sector continues to ...

Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the month ...

With its own oil production falling fast, OPEC member Venezuela has been buying foreign crude to continue supplying political allies such as Cuba with oil on friendly credit terms and in exchange ...

Venezuela's oil exports increased by 15% in January, reaching approximately 867,000 barrels per day. This surge was primarily ...

Chevron is holding talks with the Trump administration amid calls by top Republican officials for the company to exit the ...

Venezuela's oil production fell by 7.6% in March compared to pumping in February, according to a report released on Tuesday by the Organization of Petroleum Exporting Countries (OPEC), based on ...

Venezuela's PDVSA has resumed importing light crude as its own production declines, causing export issues. A previous swap ...

Venezuela's oil output production fell 5% from May of 2022 to the previous month, according to the latest Organization of the Petroleum Exporting Countries (OPEC) released Tuesday. The document ...

Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...