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The new measures have the potential to affect the pattern of petroleum shipping in the Caribbean and beyond.
Read More »The Trump Administration Imposes Financial Sanctions on PDVSA
Venezuela`s PDVSA Orders Prepayment for U.S.-Bound Oil Cargoes
Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.
Read More »Venezuela will Have Problem to Repay Its Debts to Moscow
Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
Read More »Venezuela Continues Oil Trade with US
U.S. President Donald Trump recognized Guaido as president of the country.
Read More »Increase in US Rig Count Weighs on Oil
China is trying to stem the slowdown with aggressive fiscal stimulus measures.
Read More »Zarif Expresses Iran`s Support for Venezuela amid US Plots
The two officials conferred on ways to counter US plots against independent nations. particularly. Venezuela.
Read More »Trump Administration Weighs Oil Embargo on Venezuela to Expel Maduro
Some energy industry officials are pressuring the Trump administration to hold off.
Read More »Venezuela Bonds Steady after U.S. Backing for Maduro Rival Triggers Surge
The PDVSA 2026 bond slipped 0.845 cents to 24.53 cents in the dollar after soaring more than 5 cents on Wednesday.
Read More »U.S. Weighs Oil Sanctions on Venezuela as It Steps Up Pressure
Venezuelan crude exports to the United States last year fell 15 percent to the lowest annual average in nearly three decades.
Read More »U.S. Considers New oil Sanctions on Venezuela
U.S. officials are considering a range of potential measures. including restricting U.S. imports of Venezuelan oil or even a full ban.
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