Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

By 2024, the country’s oil production had even topped its 2019 levels. The return of large tanker ships to Venezuela’s coast to pick up oil meant that the country’s oil exports were once ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Oil wells roared back to life and massive tanker ships returned to Venezuela’s coast to be filled with heavy, hard-to-refine crude destined for the U.S. Maduro's promised election was neither ...

as well as by oil exporters such as Iran and Venezuela hit by U.S. sanctions. At least 65 oil tankers dropped anchor this week at multiple locations, including off the coasts of China and Russia ...