Venezuela's oil exports slumped by nearly 20% in April, reaching their lowest level in nine months, following PDVSA's ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as ...

Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of ... and still home to the largest crude reserves—over 300 billion barrels. The collapse of the ...

Venezuela is the world's largest oil producer, whereas Canada, UAE, Saudi Arabia and Russia are among the top 10 countries with the largest oil reserves.

The U.S. has a distinct advantage to leverage through its access to Venezuela’s vast oil reserves. Maintaining that access will lower energy costs here at home and prevent Communist China from ...

Venezuela had the world’s largest proven crude oil reserves in 2023 with approximately 303 billion barrels, accounting for approximately 17% of global reserves, according to US government data.