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Crude shipments to the U.S. from OPEC and its partners fell to 1.41 MMbpd in January.
Read More »OPEC`s Oil Exports to U.S. Fell to Five-Year Low in January
U.S. Oil Prices Rise due to Tighter Supply
Russia has been in full compliance with its pledge to gradually cut its oil production.
Read More »Venezuelan Oil Exports Disrupts Heavily due to US Sanctions
PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.
Read More »Trump Says Military Intervention in Venezuela `An Option`
The Trump administration last week issued crippling sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »John Bolton: Don’t Deal in Gold. Oil with Venezuela!
The US has sanctioned Nicaragua’s Albanisa company. which exports and sells Venezuelan oil products.
Read More »John Bolton Admits US Support of Illegal Coup Is about Oil. Not Democracy
Maduro and the Venezuelan people are resisting this coup attempt by the interventionist North American country.
Read More »US Crude Inventories Increased 900.000 bbl
US crude oil imports averaged 7.1 million b d. down from the previous week.
Read More »Venezuela President Urges US Companies to Continue Investing in Venezuela
Over 3.000 US companies are listed in the register of trading companies in Venezuela.
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