-
Captive Venezuela oil at $50 pb
10 Jan 2026 21:36 GMT
… The recent developments in Venezuela, OPEC founder member, are causing … be exported. However, it is well-suited for U.S. refineries, … s largest crude oil reserves, estimated at around 300 billion barrels, making … to $60 a barrel for U.S. crude, with Brent at …
-
The U.S. says seizing Venezuelan oil hurts its foes. How dependent are they?
10 Jan 2026 18:21 GMT
… barrels of oil per day.
Here’s where Venezuela sends its crude oil … , an oil analytics firm.
Vortexa’s crude oil import and export data — … S. that have expensive refineries to process it into … Venezuela for its crude oil supply and some petroleum products. The …
-
Australia’s Cop31 chief negotiator plans to lobby petrostates on fossil fuel phaseout
10 Jan 2026 19:07 GMT
… Bowen mentioned Saudi Arabia, the oil-rich Gulf state accused of … was itself a major exporter of fossil fuels meant it had “ … credibility” when it came to lobbying petrostates … and equitable” phasing out of fuel fuels.
Bowen wants to achieve …
-
Can Trump make Venezuela an oil giant again?
10 Jan 2026 19:41 GMT
… well under a million barrels a day—less than … dismissed the country’s petroleum prospects as a “mirage … Organization of Oil Exporting Countries—better known as OPEC—to defend … 1990s was the Apertura Petrolera, the oil opening. International companies …
-
Oil Benchmarks Around the World: How Venezuela Compares
10 Jan 2026 19:53 GMT
… easier to refine into fuels like gasoline and diesel. Heavy crude oils … million barrels per day, representing more than 7% of global oil … also a founding member of OPEC in 1960, alongside Iran, … and its ability to meet export commitments weakened.
Learn More …
-
ANALYSIS: How Russian Crude Put US-India Trade on Ice
10 Jan 2026 19:25 GMT
… its domestic oil refiners to submit weekly disclosures of Russian crude imports. The … these two refiners were also among the largest exporters of refined petroleum products to … , Russian-origin crude can be imported, refined, and then re-exported as an …
-
Oil’s fair in love and war: How Venezuela, the Arctic and Greenland are rewriting the global energy map
10 Jan 2026 18:20 GMT
… , oil was priced by markets, with cartels like OPEC dictating … proven oil reserves on the planet, Venezuela’s crude output … oil supply, cutting rivals like China out of lucrative export … tens of billions of barrels of oil equivalent, largely unexplored due …
-
On the Streets of Havana, Hope That a Lack of Oil to Steal Staves Off a U.S. Attack
10 Jan 2026 19:43 GMT
… measures aimed at cutting Venezuelan oil exports.
“Patently False” Claims
Security … less than 30,000 barrels a day to the … a decade earlier. This fuel lifeline has been further cut … its continuing blockade on Venezuelan oil exports.
Meanwhile, the heads of …
-
Fire erupts at Russian oil depot after Ukrainian drone strike
10 Jan 2026 18:23 GMT
… Zhutovskaya oil depot, asserting the site supplies essential fuel to … deplete Moscow’s oil export revenue, which fuels its ongoing invasion. … Ukrainian energy assets and fuel storage centers.
According to … Crimea.
Beyond the Volgograd oil depot, Ukraine's …
-
Colombia's FIRST reaction to Donald Trump's military action threat after US strikes on Venezuela, President Gustavo Petro says....
10 Jan 2026 18:44 GMT
… escalate.
Colombian President Gustavo Petro said he is afraid, … certainly trigger civil war and fuel hostility, ahead of his … I’m not afraid,” Petro said."That would without … ’s oil exports and revive production through US-backed investment.
Petro said …