Why Venezuela matters to the US… and vice versa Venezuela’s opposition leader Juan Guaidó has dismissed warnings from President Nicolás Maduro the country’s political crisis could spark civil war. Mr Continue Reading
U.S. refiners will not be able to complete transactions for shipments of crude from Venezuela’s PDVSA for cargoes they had contracted before the U.S. Treasury slapped sweeping sanctions on the Continue Reading
Venezuela’s crude oil production could fall below 1 million bpd after the United States imposed new sanctions on its already struggling state oil company PDVSA, Wood Mackenzie analyst Ann-Louise Hittle Continue Reading
Caracas, Venezuela — PDVSA began a partial rationing of gasoline at gas stations in certain areas of Venezuela Sunday, as many gas stations in Caracas ran out of fuel as Continue Reading
A flotilla loaded with about 7 million barrels of Venezuelan oil has formed in the Gulf of Mexico, some holding cargoes bought ahead of the latest U.S. sanctions on Venezuela Continue Reading
Venezuela’s oil production could be disrupted to a greater degree than most analysts first thought, as the U.S. government seeks essentially shut in the country’s oil sector. When the Trump Continue Reading
The European Union (EU) is mulling over imposing more sanctions on Venezuela, but those sanctions will not be targeting the oil sector, as the bloc looks to punish individuals, not Continue Reading
Outside a service station in eastern Caracas, the queue for fuel stretches for blocks. Drivers know that the US has leveled sanctions on Venezuela’s state-run oil company – and they Continue Reading
The deepening turmoil in Venezuela is exacerbating a shortfall of dense crude oil, leaving fuel makers in the lurch and underscoring the limitations of U.S. shale. On Monday, the U.S. Continue Reading
The ongoing political crisis in Venezuela has divided the international community – some back President Nicolás Maduro and others support the man challenging him. Juan Guaidó, who is head of Continue Reading
