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US plans to lift oil blockade on Venezuela with oil proceeds controlled by US: Wright
09 Jan 2026 12:29 GMT
… 7.
The oil will be sold to US refineries and to buyers … produces and exports heavy crude that competes with heavy barrels from Mexico … . Another 3.2 million barrels of crude are stored in Aruba, … were laden with crude and one laden with fuel oil, according to …
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China emerging as major export destination for India; shipments up 33% during Apr-Nov
09 Jan 2026 12:46 GMT
… The export increase was driven by products such as oil … agriculture and marine products exported are dried chilies, … and oil-cake residues.
Similarly aluminium and refined copper billets … too contributed notably to export growth. …
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Oil advances on concerns about supply disruptions in Venezuela, Iran
09 Jan 2026 09:49 GMT
… for US government deals to export crude oil from Venezuela, according to … the country's oil sales and revenues indefinitely.
… to 50 million barrels of oil that state-run oil company PDVSA … sales," said Teng.
Oil prices surged after several subdued …
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Venezuela raid is about the oil — keeping it from Russia and China
09 Jan 2026 11:13 GMT
… oil imbroglios, the U.S. has become a net exporter … million and 50 million barrels of oil to American markets, that … supplied China with oil at bargain barrel discounts thanks to … profitability for oil is around $45 per barrel. Should oil futures fall …
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Trump backs off new attacks, touts U.S.-Venezuela oil partnership
09 Jan 2026 11:49 GMT
… export up to 50 million barrels of oil. Trump said early Friday that oil … and more modern form, their oil and gas infrastructure,” Trump said … is expected to meet with oil executives at the White House …
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OPEC oil output falls in December on Iran and Venezuela, Reuters survey finds
09 Jan 2026 12:55 GMT
… Organization of the Petroleum Exporting Countries pumped 28.40 million barrels per day … deliveries, tanker trackers say.
Venezuelan crude supply declined by 70,000 … information provided by sources at oil companies, OPEC and consultants.
(Additional reporting …
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Trump Has a China Problem in Venezuela: What to Do With Beijing’s Debt and Oil Stakes
09 Jan 2026 11:33 GMT
… Petroleum Corp. and Sinopec — are entitled to 4.4 billion barrels of oil … million barrels taken from the South American country’s crude storage … sky-high tariffs and export controls on each other. … paid down with proceeds from oil exports.
In China, the capture …
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Trump’s Seizure of Maduro Opens Path to Rebuild U.S. Oil Reserves
09 Jan 2026 11:40 GMT
… to rebuild its depleted Strategic Petroleum Reserve and reassert influence over … midterm elections. Roughly 200 million barrels were sold from the reserve … periods of an oil glut.
Most of Venezuela’s crude exports currently flow …
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Chevron in Talks With US Gov't to Expand Venezuela License, Boost Oil Exports
09 Jan 2026 10:19 GMT
… oil major to increase crude exports from Venezuela to its own refineries … to 50 million barrels of Venezuelan oil to the … participate in Venezuelan oil exports. Those include refiner Valero Energy, … and 50 million barrels of sanctioned crude to the United …
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Russia’s Crude Output in December Made Deep Plunge Amid US Sanctions
09 Jan 2026 10:49 GMT
… average 9.326 million barrels a day of crude oil last month, according … — is more than 100,000 barrels a day below November, and … almost 250,000 barrels a day lower than Russia … with the Organization of the Petroleum Exporting Countries and allies.