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Venezuela Oil
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Venezuelan authorities have detained oil businessman Wilmer Ruperti following a request for a meeting with intelligence police, according to his lawyers.21 Mar 2026-09:58
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The United States is in “active negotiation” with India over the potential sale of Venezuelan oil, U.S. envoy Sergio Gor said on Friday, as Washington seeks to help New Delhi diversify its crude oil sources.20 Feb 2026-13:24
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday issued two new general licenses aimed at enabling transactions within Venezuela’s energy sector.14 Feb 2026-12:11
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China has reportedly purchased Venezuelan oil that was previously acquired by the United States.12 Feb 2026-17:17
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Venezuela sharply reduced its oil exports in early January, almost three‑fold, after a U.S. maritime blockade disrupted shipments, leading to production stoppages at several oil projects, according to a report by the International Energy Agency (IEA).21 Jan 2026-17:28
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Roszarubezhneft, the state-owned company managing Russia’s oil assets in Venezuela, said it will continue to strictly fulfill its obligations in close coordination with its international partners and plans to further develop its assets together with the Venezuelan side.13 Jan 2026-15:28
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Oil prices climbed again Tuesday as growing fears that political unrest in Iran could disrupt crude supply pushed markets higher, even as hopes of increased output from Venezuela eased some pressure. Brent crude futures rose about 0.4% to around $64 a barrel, with U.S. West Texas Intermediate also up near $60 — near recent multi‑week highs.13 Jan 2026-09:47
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