The Black Market for Oil Will Continue to Thrive
Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.
Venezuela oil exports rise on Chevron's cargoes, more supply to China
Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...
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Oil smuggling isn’t easy. But despite obstacles, refiners are minting $1 billion every day
Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...
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US rejects Maduro's reelection, but keeps financial lifeline for his government
Locked out of world oil markets by U.S. sanctions, Venezuela sold its remaining oil output at a discount — about 40% below market prices — to buyers like China and other Asian markets.
Florida tycoon is behind oil-for-migrants deal U.S. reached with Venezuelan strongman
Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.
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Trump says will likely stop buying oil from Venezuela
Venezuela's oil exports to the U.S. soared 64% to some 222,000 bpd last year, making it its second-largest export market behind China, which took 351,000 bpd, down 18% compared to the prior year.
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Venezuela's January Oil Export Surge Supported by Chevron
Venezuela's oil exports increased by 15% in January, reaching approximately 867,000 barrels per day. This surge was primarily ...
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AMERICAS OIL: Venezuela’s PDVSA Resumes Light Crude Imports: Reuters
ReutersVenezuela’s state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades dwindles, Reuters reported on Friday.Reuters cited company documents ...