Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...

A U.S. court has received last-minute improved bids in a auction of shares in the parent of Venezuela-owned Citgo Petroleum ...

Following US raids on Iranian nuclear sites, concerns about the Strait of Hormuz’s closure have grown. Over 20% of the ...

President Trump’s policy towards Venezuela defies critics who insist that America First must mean principles last. Mackenzie ...

The cryptocurrency exchange El Dorado — often used as a benchmark for Monitor Dólar — also shut down operations in Venezuela ...

Venezuelan oil is more important to China than any other country. Venezuela produced 921,000 barrels of crude oil per day in 2024, according to data provided to CNN by Lipow Oil Associates.

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 ...

Venezuela sent some 351,000 bpd of oil and heavy fuel to China last year. Volumes increased to 463,000 bpd in the first four months of 2025, according to PDVSA documents and shipping data compiled ...

Trump also mandated any countries buying Venezuelan oil pay a 25% tariff when trading with the United States. Even so, Wirth warned that if the company ceases oil drilling in Venezuela, ...

Venezuela’s oil production had plunged to about 400,000 barrels per day by 2020—down from 3.2 million in the late 1990s before Hugo Chávez’s socialist reforms. Today, ...

A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleumafter at least three consortia submitted revised bids in June, raising ...