U.S.–Venezuela: Between Pressures and Agreements, the Course of Venezuelan Oil Is Being Set
Recent announcements have opened a new phase regarding the fate of the South American country’s crude oil on the global…
Recent announcements have opened a new phase regarding the fate of the South American country’s crude oil on the global…
Statements by U.S. Secretary of State Marco Rubio, together with recent military, financial, and regulatory moves, outline a gradual strategy by Washington toward Venezuela that combines control over oil, conflict management, and a political transition still full of unanswered questions.
A U.S. military helicopter flew over the Centuries, a Panama-flagged vessel that was intercepted on Saturday east of Barbados in…
The U.S. boarded a second oil tanker off the coast of Venezuela on Saturday, which, according to sources quoted by Axios, was not sanctioned, unlike Skipper, which was seized on December 10.
Satellite view of The Skipper, the supertanker intercepted and seized last week with approximately 1.85 million barrels of heavy Venezuelan…
In its latest report, the Organisation of Petroleum Exporting Countries (OPEC) showed that Venezuela’s crude oil production fell by 2.8% to 934,000 barrels per day in November, according to “secondary sources.”
Donald Trump confirmed that US forces confiscated a “large oil tanker” off the coast of Venezuela. The operation, initially revealed by Bloomberg, represents a significant escalation in the bilateral conflict and threatens to further complicate Venezuelan crude exports, at a time of increasing military pressure and sanctions. The incident coincides with the day María Corina Machado received the Nobel Peace Prize.
Venezuela’s oil exports reached 921,000 barrels per day (bpd) in November, according to shipping data and documents seen by Reuters.
Venezuela’s National Assembly on Thursday approved extensions for two joint ventures with Russian state-owned company Petromost, Petroperijá and Boquerón, allowing them to continue their production from 2026 until 2041.
The latest monthly OPEC report, which records October’s production, shows a divergence between the figures from the Ministry of Hydrocarbons, which show an increase of 27,000 barrels per day, and secondary sources, which estimate a drop of 7,000 bpd.