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Venezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year High

Shipments to the United States reached 786,000 barrels per day, the highest since early 2019, even as exports to India and Europe declined.

Summary by Oil Price
Venezuela exported 1.16 million barrels of crude oil daily last month, a slight decline from June’s 1.2 million barrels daily, on lower withdrawals from storage, Reuters has reported, noting that exports to the United States during that month increased. July exports to Venezuela’s biggest oil destination averaged 786,000 barrels daily, which was the highest since early 2019, Reuters noted in its report. U.S. imports from Venezuela following Wash…

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Venezuela’s oil exports suffered a 25% contraction during the month of July, reaching an average of 856,000 barrels per day. The figure represents the lowest level of dispatches recorded by the domestic energy industry in the last five months, according to data from the maritime intelligence firm Kpler Ltd and vessel tracking reports disseminated by Bloomberg. The decline is mainly due to the fact that purchases from India fell by half compared …

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Venezuela's oil exports fell slightly in July, cargoes to US rose

·London, United Kingdom
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Venezuela’s oil exports registered their lowest level in five months in July, affected by a reduction in India’s purchases, which refueled with higher volume of crude oil from the Middle East following the decrease in tensions in the region. Venezuelan crude dispatches were located in [...] Venezuela’s oil exports entry falls 25% due to lower demand from India was first published in Focus Informative.

Crude exports fell to 856,000 barrels per day during July, recording their lowest level in five months and a 25% decrease from the June figures, according to shipping reports and data from Kpler Ltd. This decline occurred as shipments to the East were halved after a pause in the conflict with Iran, which released Middle East oil supplies that had been blocked in the Persian Gulf, described this Monday, August 4, Bloomberg. The United States and …

The increase occurred despite the fact that Venezuela’s total exports decreased slightly. The country dispatched 1.16 million barrels per day in July, compared with 1.2 million in June. The post-Venezuelan oil exports to the United States increased in July appeared first on THE NATIONAL.

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Reuters broke the news in London, United Kingdom on Monday, August 3, 2026.
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