Why Venezuela’s Vast Oil Wealth Couldn’t Prevent Its Collapse
The dramatic events over the weekend in Venezuela have renewed global attention on a country that, on paper,…
Anatomy of an economic suicide: Venezuela under Maduro
This report is not a political manifesto; it is an economic autopsy. It’s about the arithmetic of ruin.…
Oil Prices Open 2026 Higher as Geopolitical Risk Rises
Oil prices inched higher in early Asian trading on January 2, the first trading session of 2026, as…
Venezuela oil output drops 25% in Orinoco Belt as U.S. pressure builds
(Bloomberg) – Venezuela’s output from its richest source of petroleum deposits is decreasing as U.S. forces in the…
PDVSA Faces Pricing Pressure as Tanker Seizure Disrupts Crude Flows
Venezuela’s state oil company PDVSA is facing wider crude discounts, stuck cargoes, and growing pressure from buyers to…
Regime Change in Venezuela Could Trigger Oil Price Spike Then Slump
Ever since President Trump ordered the first strike on a boat offshore Venezuela, speculation about a direct intervention…
Venezuela’s PDVSA Reports $17.5 Billion in 2024 Oil Revenue as Exports Jump
7/12/2025 (Reuters) — Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 billion, according to a…
Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump
(Reuters) -Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 billion, according to a results document…
Spain Halts Oil Imports From Venezuela as U.S. Sanctions Come Into Effect
Spain did not import any crude oil from Venezuela in April, ahead of a U.S. deadline in May…
Citgo Auction: Contrarian Funds, Gold Reserve, and Vitol Refine Offers – News and Statistics
May 21, 2025 As the competition for the acquisition of Citgo Petroleum intensifies, groups led by affiliates of…
Chevron, European firms lobby to keep stakes in Venezuela oil joint ventures
US oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain…
PDVSA Revokes Authorization for Chevron to Export Venezuelan Oil
Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from…