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US Accelerates Venezuelan Oil Imports to Record Levels Not Seen Since 2017

Summary by Finanzas Digital
www,finanzasdigital.com The United States accelerated the purchases of Venezuelan oil to reach in July the 701,000 barrels per day, the highest monthly volume recorded since 2017, according to data...

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In seven months, Donald Trump has radically changed the oil relationship between the United States and Venezuela. By the end of 2025, U.S. refineries received an average of 137,000 barrels of Venezuelan crude per day. In July there were already 701,000, according to official data to which ABC has had access. More than five times more, an increase of 412%, and the largest monthly volume since 2017. And there is a key factor that helps explain the…

·Madrid, Spain
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Venezuela’s oil exports to the United States were 624,000 bpd the week ended on October 2, amassing 24 consecutive weeks as the country’s second-largest supplier of crude oil, according to data from the Energy Information Administration (EIA). Venezuela moved [...] The entry Venezuela accumulates 24 weeks as the second largest supplier of oil in the United States was first published in Information Focus.

Imports of Venezuelan oil from the United States shot in 2026. In July, the country bought an average of 701,000 barrels per day from Venezuela, against only 7,000 barrels per day in the same period last year. The volume was more than 100 times higher, according to data from the U.S. Energy Information Administration (EIA). In addition to the increase in purchases, the average purchase price of Venezuelan oil fell from US$95.02 per barrel in May…

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www,finanzasdigital.com The United States accelerated the purchases of Venezuelan oil to reach in July the 701,000 barrels per day, the highest monthly volume recorded since 2017, according to data...

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abc broke the news in Madrid, Spain on Wednesday, October 7, 2026.
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