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Friday, June 19, 2026

Venezuela output

Canadian oil will stay competitive, even if Venezuelan output rises, Carney says- oil and gas 360

Canadian oil will stay competitive, even if Venezuelan output rises, Carney says

January 6, 2026

(BOE Report) – Canadian crude oil is low risk and will stay competitive even if output in Venezuela rises after the U.S. capture of President Nicolas Maduro, Prime Minister Mark Carney said on Tuesday. U.S. President Donald Trump says American oil companies are prepared to tackle the difficult task of entering Venezuela and investing billions to restore production. Venezuelan crude

IEA cuts oil supply estimate on lower U.S. and Venezuelan output- oil and gas 360

IEA cuts oil supply estimate on lower U.S. and Venezuelan output

April 15, 2025

(Oil Price) – Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday, citing lower-than-forecast production from the United States and Venezuela. The U.S.-China trade war escalation and the tariffs on imports into the U.S. have sent

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