Oil

Venezuelan oil offered for sale at cheaper prices to Chinese customers

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

Venezuelan oil re-export helps oil tanker tycoons benefit

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

US sells first Venezuelan oil shipment, earning 500 million USD

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The first Venezuelan oil sale by the US worth 500 million USD has been completed.

Mr. Trump declares state of emergency to keep Venezuelan oil money

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Mr. Trump signed an executive order declaring "state of emergency", aimed at preventing courts and creditors from accessing revenue from Venezuelan oil.

Trump calls on US oil and gas industry to pour 100 billion USD into Venezuela

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US President Donald Trump calls on oil and gas businesses to quickly return to Venezuela.

Oil and gas giants compete to win slots to bring Venezuelan oil to the US

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Oil and gas companies are urgently looking for oil tankers and establishing operations to transport crude oil from Venezuela.

Trump meets with senior leaders of the US oil industry

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Venezuela's oil control plan promotes President Trump's direct dialogue with US energy corporations.

US ship enters Venezuela to purchase oil after smuggling fleet flees

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As soon as unlicensed oil tankers were fiercely pursued by the US Navy, a US merchant fleet entered Venezuela.

Venezuelan oil with the largest reserves in the world

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Venezuela possesses the largest oil reserves in the world, but exploitation output is currently very low compared to its potential.

Mr. Trump: The US will run Venezuela, focus on oil and gas

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President Trump declared that the US will directly run Venezuela during the transition period, with a focus on the oil and gas sector.

Venezuela responds to Trump's threat to freeze oil

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Venezuela spoke out against Mr Trump's announcement of an oil blockade, asserting sovereignty over resources and freedom of navigation.

Mr. Trump suddenly announced a complete blockade of Venezuela's oil

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US President Donald Trump suddenly announced a comprehensive blockade of oil tankers entering and leaving Venezuela, pushing the Washington - Caracas tensions to a new level.

Risk of supply exceeding demand by 4 million barrels/day, OPEC+ temporarily slows production growth

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The OPEC+ oil alliance agreed to increase oil production slightly but was cautious about further steps.

Saudi Arabia shakes the global oil market

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Saudi Arabia is no longer playing by the old rules, and when this "petropoleum giant" changes, the global market will feel the earthquake.

BRICS oil giant joins OPEC+

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Brazil, a BRICS member, has decided to join the group of major oil exporters OPEC+, marking a turning point in its energy strategy.