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China's Venezuela Oil Grab: Energy Report – Archyde

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Archyde global Diesel Market Faces Tight Supply Amid Geopolitical Tensions and U.S. Sanctions Table of Contents 1. global Diesel Market Faces Tight Supply Amid Geopolitical Tensions and U.S. Sanctions 2. U.S.… You can read the full story here: China’s Venezuela Oil Grab: Energy Report.
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In a context where sanctions imposed since January 2019 have drastically changed Venezuela’s oil landscape, the country has redirected its oil exports mainly to China. Reuters reports that in June there has been a marked increase in sales to this country. Andrés Rojas, editor of [...] The entry Specialist: “Financial sanctions greatly limited access to PDVSA credits” was first published in Focus Informative.

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Venezuela’s oil exports to China accounted for about 90% of last month’s total, while in May, it was about 75%. In June 2025, Venezuela exported 844,000 barrels of oil per day (bpd) and fuel, which means that the oil...

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News to the Day and to the Hour Latest News of today The decrease of dispatches to Europe and the US was compensated by Asian demand. Pdvsa did not import diluents during the month. This surge was mainly driven by larger shipments to China The exports of oil and fuels from Venezuela reached a total of 844,000 barrels per day (bpd) in June, representing an increase of 8% over the previous month, according to data obtained by Reuters news agency.…

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gCaptain broke the news in on Wednesday, July 2, 2025.
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