Go Beyond the Headlines.
Published loading...Updated

Venezuela Desperate For China To Buy More Oil

  • Venezuelan Vice President and Oil Minister Delcy Rodríguez visited China in April 2025 to seek increased oil purchases amid tightening U.S. sanctions.
  • Rodríguez’s trip followed President Nicolás Maduro’s 2023 China visit which elevated bilateral ties to an 'all-weather strategic partnership,' aiming to strengthen cooperation.
  • During 17 official meetings including one with Han Zheng, Rodríguez engaged Chinese energy firms like CNPC to discuss continued crude sales and new investments in oil and gas fields.
  • China, the primary importer of Venezuelan oil at around 428,000 barrels per day, saw its shipments decline by close to one-fifth in April amid U.S. Threats of 25% secondary tariffs and tightening sanctions enforcement.
  • Rodríguez announced impending Chinese investments to develop Venezuela’s oil sector as Caracas faces economic strain from lost oil buyers, infrastructure issues, and ongoing sanctions pressure.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

All
Left
1
Center
1
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

gCaptain broke the news in on Thursday, May 1, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.