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 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 ...

Chevron Corp.’s ability to continue exporting crude from Venezuela is under review, President Donald Trump said, signaling an ...

(I explain here why Venezuela's reserves are overstated, but without a doubt, they are much larger than those of the U.S.) Yet U.S. oil production is just short of 10 million BPD — six times ...

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 crisis - in seven charts On Saturday ... Even without any international sanctions Venezuela's oil production will decline dramatically this year because of the lack of investment.

(MENAFN- The Rio Times) Venezuela's oil production exceeded one million barrels per day (bpd) in January 2025, marking a key milestone for its struggling energy sector. According to 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 ...

Caracas: The United States just took the first steps in pulling back on a four-year-old sanction policy that had strangled oil exports out of Venezuela ... 25% jump in production.

Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship ...