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 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 ...

Chevron plans to boost oil exports from Venezuela to a seven-year high, after a meeting between Venezuela President Maduro ...

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 ...