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 ...

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 ...

It’ll hurt the economic stability of Venezuela and cause ... notably allowing Chevron to produce oil in Venezuela and export it only to the United States, in an effort to persuade Maduro to ...

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 ...

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.