While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

Venezuela has swiftly signed new oil agreements with Chinese and other foreign firms to replace departing U.S. service ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

Venezuela’s oil exports have stayed almost the same recently, even though the country is under strong sanctions from the United States. Venezuela’s Oil Exports Stay Steady Despite U.S. Sanctions ...

(Reuters) -Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized sales, according to vessel-tracking data ...

Venezuela's oil sector now relies heavily on China. The country uses intermediaries and shadow shipping networks to move oil, often disguising its origin to avoid sanctions. This new trade pattern ...

But a number of countries also receive oil from Venezuela — including the ... tariffs that tax some electronics, notably from China, remain. Trump says he might temporarily exempt the auto industry ...

Venezuela's oil exports to China offset U.S.-authorized sales decline U.S. revoked export authorizations, impacting customers Venezuela exported Boscan heavy crude to Asia after license ...

(Reuters) -Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil revenue after tighter U.S. sanctions, according to business ...