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VENEZUELAN OIL STORAGE
Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- After oil, Trump now allows sale of Venezuela goldThe United States has authorized the import of Venezuelan gold. This move follows a visit by Interior Secretary Doug Burgum and signals a t...
- Oil sales under US-Venezuela deal expected to reach $2 billion by end of FebruaryU.S. oil supply agreement sales with Venezuela are projected to hit $2 billion by month's end, with 40 million barrels expected to be sold....
- Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...
- US allows oil majors to resume Venezuela operations, broadly okays new energy investmentsAmerica has eased sanctions on Venezuela's energy sector. This allows global energy companies to restart oil and gas operations. Companies ...
- US issues license for oil companies to operate in VenezuelaThe Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...
- Dilapidated ports, old tankers complicate US oil companies’ Venezuela plansGlobal oil firms are rushing to secure tankers and establish safe transfer operations for Venezuelan crude exports to the United States. Co...
- Oil gains as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focusOil prices saw a significant jump on Friday. Growing concerns over supply disruptions in Iran due to intensifying protests are impacting th...
- Trump says Venezuela to hand over up to 50 million barrels of oil to USPresident Donald Trump announced a new Venezuela oil deal where millions of barrels of oil will be transferred to the United States. The oi...
- Amid political shift, Venezuelan oil revival could keep global prices lower for longer: JP MorganVenezuela's oil production could surge significantly in the coming decade following a political transition. This potential increase in supp...
- Trump says Venezuela to turn over up to 50 million barrels of oil to US; claims control over proceedsPresident Trump announced Venezuela's interim authorities will transfer 30-50 million barrels of sanctioned oil to the U.S. The proceeds, c...
- After Maduro's capture, Trump says Venezuela will deliver up to 50 million barrels of sanctioned oil to US at market priceTrump Venezuela oil deal: A swift US military action in Caracas has resulted in a significant oil deal. Venezuela's interim authorities wil...
- About a dozen oil tankers have left Venezuela despite Trump blockade, data shows and sources sayDozens of sanctioned tankers loaded with Venezuelan crude and fuel have departed the country in "dark mode" since the start of the year. Th...
- Venezuela crisis won’t spike oil prices yet: Why crude markets are staying calm despite US action: Vandana HariCrude oil prices continue to remain range-bound despite political turmoil in Venezuela and US sanctions, says Vandana Hari of Vanda Insight...
- Oil prices jump on Trump's Venezuela blockadeWhile enforcement details are unclear, the move sparked supply disruption concerns. This escalation follows the US Coast Guard's seizure of...
- India's oil imports in May sink to lowest in over 8 yearsIn May, India imported 3.18 million barrels per day (bpd) of oil, a decline of about 31% from April and about 26% from a year ago, the data...
- Saudi Arabia pips Iraq as top oil supplier to India in AprilIndia's oil imports in April totalled 4.63 million barrels per day (bpd), up 5% from March but down 4.1% from April 2019
- Venezuela oil czar courts India after $20 billion hit from USManuel Quevedo's India visit coincides with swirling speculation over the future of the Venezuelan oil industry.
- South Africa, Venezuela sign major energy dealSouth Africa and Venezuela sealed a major oil deal on Tuesday during a visit by Venezuela's President Hugo Chavez, who touted it as an exam...
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