Crude oil

US promotes the fastest solution to increase Venezuelan oil production

|

The US goal is to rapidly increase Venezuelan oil production, generate revenue to rebuild the country and reduce oil prices.

First Venezuelan oil shipment transported directly to the US

|

The oil tanker Gloria Maris carrying the Venezuelan oil shipment departed from Port Jose to the oil port in Louisiana, USA.

Venezuelan oil and the problem of repaying debt to China when the US takes control of exports

|

The US taking over Venezuelan oil exports has led to a shift in the direction of a large amount of crude oil used to pay debts to China.

US considers possibility of blockading Cuba's oil supply

|

The administration of US President Donald Trump is considering putting pressure on Cuba, including blockading the navy with the country's oil supply.

Venezuelan oil arrives in Europe for the first time after Maduro is arrested

|

Venezuelan oil has been transported to Europe for the first time since the US arrested President Nicolas Maduro.

Venezuelan oil begins to shift in US calculations

|

Venezuelan oil, including about 12 million barrels, has been unloaded on tankers, less than 3 weeks after the US took control.

US completes first Venezuela oil sale deal

|

The first Venezuelan oil shipment worth about 250 million USD was sold by the US to Vitol - a company with a personal sponsor of 6 million USD for Mr. Trump.

Venezuelan oil offered for sale at cheaper prices to Chinese customers

|

Venezuelan oil devaluation is expected to be delivered in the second half of April 2026.

Venezuelan oil is difficult to attract investment from oil and gas giants

|

Investing in Venezuelan oil is what US President Donald Trump is promoting international oil and gas giants.

Venezuelan oil re-export helps oil tanker tycoons benefit

|

Venezuelan oil re-export helps oil tanker tycoons and oil brokers benefit.

US sells Venezuelan oil, transfers money to store in a third country

|

Hundreds of millions of US dollars earned from Venezuela's oil sales are being held in Qatar.

Mr. Trump declares Venezuela will hand over up to 50 million barrels of oil to the US

|

President Trump said Venezuela will transfer tens of millions of barrels of oil to the US to sell at market prices and the proceeds are controlled by the US.

Sea drone attack paralyzes global oil port in Black Sea

|

A key oil port in the Black Sea has stopped operations following a sea drone attack, raising concerns about international energy security amid the Russia-Ukraine conflict.

US imposes new sanctions targeting Iranian oil

|

The US Treasury Department has announced the imposition of new sanctions targeting an Iranian oil smuggling network and a Hezbollah-controlled financial institution.

Dozens of tons of crude oil discovered drifting ashore in Hue

|

HUE - A large amount of black crude oil was discovered drifting ashore in Lang Co town (Phu Loc district, Hue city).