Venezuela crude oil news

Venezuelanalysis.com is an independent website produced by individuals who are dedicated to disseminating news and analysis about the current political situation in Venezuela . Venezuelan crude oil production falls to lowest level since January 2003. In April 2019, Venezuela's crude oil production averaged 830,000 barrels per day (b/d), down from 1.2 million b/d at the beginning of the year, according to EIA’s May 2019 Short-Term Energy Outlook.

24 Jan 2019 Though Venezuela exports considerable amounts of crude oil to major diplomatic allies like Russia and China, almost all of the profits are used to  4 Feb 2016 Venezuela, one of the biggest oil-producing nations in the world with nearly 300 billion barrels of proven reserves, has begun importing crude  25 Jan 2019 Prices for the global benchmark Brent crude oil and the US West was a tweet on Wednesday by the Reuters Venezuela news service saying  13 Feb 2019 Business News › Markets › Commodities › News ›Oil prices rise 1% US West Texas Intermediate (WTI) crude oil futures were at $53.64 Supply issues in Venezuela, another OPEC member, are also bolstering oil markets  29 Jan 2019 The Trump administration did not directly ban imports of Venezuelan crude oil. Instead, it blocked U.S. companies from entering into financial 

10 Mar 2020 Venezuela's oil company PDVSA is this week offering discounts of up to $23 per barrel on its flagship crude, traders said, as a collapse in 

28 Jan 2019 The Trump administration did not directly ban imports of Venezuelan crude oil. Instead, it blocked U.S. companies from entering into financial  21 Nov 2019 News. Venezuela plans to back its national oil-pegged cryptocurrency, the Petro ( PTR), with 30 million barrels of crude oil. Venezuelan  24 Jan 2019 Though Venezuela exports considerable amounts of crude oil to major diplomatic allies like Russia and China, almost all of the profits are used to  4 Feb 2016 Venezuela, one of the biggest oil-producing nations in the world with nearly 300 billion barrels of proven reserves, has begun importing crude  25 Jan 2019 Prices for the global benchmark Brent crude oil and the US West was a tweet on Wednesday by the Reuters Venezuela news service saying  13 Feb 2019 Business News › Markets › Commodities › News ›Oil prices rise 1% US West Texas Intermediate (WTI) crude oil futures were at $53.64 Supply issues in Venezuela, another OPEC member, are also bolstering oil markets  29 Jan 2019 The Trump administration did not directly ban imports of Venezuelan crude oil. Instead, it blocked U.S. companies from entering into financial 

6 days ago Vitol Group, the world's biggest independent oil trader, is negotiating a purchase of Venezuelan crude, according to documents and emails 

Current news and events will be updated daily. News, Analysis & Opinion. Post- Election Conflict Likely In Venezuela · Venezuela's middle class feels the squeeze 30 Jan 2019 The sanctions are meant to put pressure on Venezuelan President As of Tuesday night, International Brent crude oil futures had risen 2.32 U.S. sanctions illegal, as reported by the Russian RIA news agency in Reuters. 25 Jun 2019 The Effect of Oil Prices on Oil Exporting Countries. For countries that rely on oil exports to fuel their economies and are not among the world's  13 Jan 2020 As long oil as sale proceeds pay off a joint venture's debts, they do not State Department did not answer Reuters news agency's requests for comment. In the past, Chevron itself used to refine Venezuelan crude at its US 

25 Jan 2019 Prices for the global benchmark Brent crude oil and the US West was a tweet on Wednesday by the Reuters Venezuela news service saying 

21 Nov 2019 News. Venezuela plans to back its national oil-pegged cryptocurrency, the Petro ( PTR), with 30 million barrels of crude oil. Venezuelan  24 Jan 2019 Though Venezuela exports considerable amounts of crude oil to major diplomatic allies like Russia and China, almost all of the profits are used to  4 Feb 2016 Venezuela, one of the biggest oil-producing nations in the world with nearly 300 billion barrels of proven reserves, has begun importing crude 

Venezuela exported nearly 933,000 bpd of crude and refined products in July, down 17.5% from June, according to data from PDVSA and Refinitiv Eikon. Exports sank 40% in February, the first full

Venezuela exported nearly 933,000 bpd of crude and refined products in July, down 17.5% from June, according to data from PDVSA and Refinitiv Eikon. Exports sank 40% in February, the first full (Reuters) - Venezuela’s oil exports fell in August to their lowest level in 2019, internal reports and Refinitiv Eikon data showed, hurt by a halt in purchases by the nation’s second largest Venezuela, an OPEC member dependent on oil sales for almost half the national budget, is pumping at the lowest levels since the 1940s. The spills are conspicuous signs of what has gone so horribly wrong at once-mighty PDVSA. The state-owned company doesn’t publish statistics, but environmentalists,

Venezuela’s crude production was between 734,000 and 1.05 million barrels per day (bpd) in June, according to secondary sources and self-reported figures quoted by the Organization of the Petroleum Exporting Countries (OPEC) in its July oil market report. The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase. Only 5 Shale Drillers Are Still Profitable At $31 Oil. China’s Top Oil Trader To Cancel Middle East Crude Imports Venezuelanalysis.com is an independent website produced by individuals who are dedicated to disseminating news and analysis about the current political situation in Venezuela. Venezuela News, Views, and Analysis News: Oil and Gas. Dec 11th 2019. Venezuela Oil Production Continues Slow Recovery Venezuela Oil Production Continues Slump as Crude production has been falling for the past 25 months, OPEC numbers show. In April, neighboring Colombia surpassed Venezuela as a net exporter of oil to the United States. US sanctions on Venezuela's oil industry would deliver a staggering blow on the country's crashing economy and could also drive up crude prices and squeeze American refineries. Venezuela exported nearly 933,000 bpd of crude and refined products in July, down 17.5% from June, according to data from PDVSA and Refinitiv Eikon. Exports sank 40% in February, the first full