Merey 16 Archives - The Daily Journal

Venezuelan oil price declined at the end of the first half of 2026

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

Venezuelan oil prices averaged US$67.36 per barrel in the first half of 2026 The Daily Journal.- Venezuelan oil prices ended the first half of 2026 at an average of US$67.36 per barrel, representing a cumulative decline of US$23.11 from the peak reached in April. According to data from the Ministry of Hydrocarbons reported to the […]

Refineries overtake traders in Venezuelan oil purchases, Reuters reports

July 23, 2026July 23, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Major refineries and energy companies in the United States, Europe, and Asia are increasing their direct purchases of Venezuelan crude from Petróleos de Venezuela S.A. (PDVSA). According to a Reuters investigation, this strategy is beginning to reduce the role of the large trading houses that dominated the country’s oil exports during […]