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 ...

In 2017, the Venezuela’s state-run oil firm PDVSA bought 180,250 barrels per day of crude and refined products and reshipped a portion of it to regional allies. Venezuela's imports Oil as a ...

Trump imposed strict sanctions on Venezuela during his first term, and he has appointed officials who may seek to reduce U.S. oil imports from Venezuela. After basic conditions were not met for a ...

The vice president described Maduro's decision as a new vision to boost “oil and gas production” and for the country to become an exporting power by 2026-2027. Venezuela “looks to the future ...