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    • Oil Exports

Oil Exports Newsletter
  • Why unlocking Venezuelan oil won’t mean much for US energy prices 13 Jan 2026 19:16 GMT

    … of the national oil company, Petróleos de Venezuela. The … gasoline and diesel. Already, refineries owned by Chevron, Valero … to 50 million barrels of Venezuelan crude oil is currently piled … Organization of the Petroleum Exporting Countries, or OPEC – a group …

  • Exclusive-Venezuela begins reversing oil output cuts as exports resume, sources say 13 Jan 2026 18:46 GMT

    … on Tuesday. The OPEC member’s ‍oil exports fell close to … only U.S. oil major Chevron exporting crude from its joint ventures … embargo left millions of barrels stuck in onshore tanks … where many oil companies including traders, producers and refiners lease ‍ …

  • How U.S. Control of Venezuelan Oil Could Redefine the World Order 13 Jan 2026 15:49 GMT

    petroleum resource base remains formidable. As a founding OPEC … , meaningful reductions in fuel prices could ease some … control over Venezuelan oil production and export channels could disrupt … reliable access to refinery-compatible crude from a Western …

  • Iraq ranks third among US oil suppliers in December at 7M+ barrels 13 Jan 2026 19:01 GMT

    … Iraq, OPEC’s second-largest oil producer, exported 7.533 million barrels of crude oil to … the month, Iraqi crude shipments averaged 306,000 barrels per day (bpd … November, when exports totaled more than 7.9 million barrels. Iraq, EIA …

  • Crude Oil Prices Rally as Iranian Tensions Escalate 13 Jan 2026 18:47 GMT

    … it rebuilds its crude inventories. Crude garnered support after OPEC+ on January 3 … Russian refineries over the past four months, limiting Russia’s crude oil export capabilities … exceeded expectations and OPEC also ramped up crude output.  OPEC said it now …

  • Why the US attacked Venezuela: Oil, sanctions and Maduro 13 Jan 2026 16:02 GMT

    … motive: Venezuela’s massive crude oil reserves Early in the morning … largest proven crude oil reserves, with an estimated 303 billion barrels lying … on Venezuela in 2017, oil exports to the US plummeted, … US’s appetite for fossil fuels, Trump has shown that …

  • WTI oil discount to Brent largest in eight months as more Venezuelan crude expected in US 13 Jan 2026 18:55 GMT

    … .S. crude diet would push more domestic WTI barrels into export markets,” … replaces U.S. oil that would otherwise be refined locally, a … Sea crude oil, was priced at a $1.30 ​a barrel ⁠premium … sustained for long. Brent crude oil’s premium to Middle East …

  • Current account deficit widens amid weak export growth 13 Jan 2026 18:47 GMT

    … official said higher imports of crude petroleum, refined petroleum products, fertiliser and capital … import surge. Crude petroleum imports rose by 37%, petroleum oil imports by 14% … healthy economy. A decline in exports, however, is detrimental. Therefore, …

  • Russian Government Reports On Russian Oil Price Falling Below $40 Per Barrel 13 Jan 2026 18:58 GMT

    crude oil in December 2025 has fallen to $39.18 per barrel … 87), the main export mark of Russian oil producers became cheaper … prices around $40 per barrel, oil production at a number of … the OPEC+ quota, Russia saw a noticeable reduction in oil production …

  • Oil prices surge on possible Iranian supply disruption 13 Jan 2026 15:38 GMT

    … in the Organization of the Petroleum Exporting Countries, is facing its … Shah, adding that excess refinery throughput in Europe was … BRENT’S PREMIUM Brent crude oil’s premium to Middle … million barrels of oil subject to Western sanctions. Global oil trading …

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