Venezuela's oil exports slipped in July, but the story is the reversal: since Maduro's capture the US is the top buyer, banking the proceeds.
Venezuela · Energy
Key Facts
Top buyer The U.S. took about 786,000 bpd of Venezuelan crude in July 2026, a seven-year high.
Total dip Overall exports slipped to roughly 1.16 million bpd, a second straight monthly decline, from about 1.2 million in June.
China collapse Beijing’s share collapsed from once about 70% of exports to a fraction of that.
Venezuela oil exports to the US hit 786,000 bpd in July 2026, but it's not the top supplier. Key facts on sanctions, Chevron, and…
Venezuela oil exports to the US averaged about 786,000 bpd in July 2026, the highest since 2019, as officials projected recovery.
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Venezuela’s oil exports dipped to 1.16 million barrels per day in July, while shipments to the United States reached their…
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