December 11, 2025 - Oil prices averaged USD 65.3 per barrel in 2024, compared to USD 64.4 per barrel in 2023.

Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

2 days ago - Exxon shares dipped in early trading, ... in crude prices from recent peaks. Headlines were driven by Venezuela-related refinery feedstock issues and the cancellation of a UK gas asset sale. Investors are bracing for Exxon’s quarterly earnings set to drop later this month. Exxon Mobil Corp shares slipped Thursday morning, following a broader retreat in oil-related ...

1 day ago - There is one way to see indirect downward pressure on prices. Canada is by far the largest foreign supplier of crude oil to the U.S., but the more cheap crude oil from Venezuela in the U.S. market, the more Canada will have to compete, Brito says.

2 days ago - Read Al Arabiya for up-to-date energy news and the latest information on clean and renewable energy here.

Gasoline Prices in Venezuela remained unchanged at 0.01 USD/Liter in December. This page provides the latest reported value for - Venezuela Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The oil price plunge from more than $100 per barrel in 2014 to under $30 per barrel in early 2016 sent Venezuela into an economic and political spiral, and despite rising prices since then, conditions remain bleak.

Crude Oil Production in Venezuela decreased to 1120 BBL/D/1K in December from 1142 BBL/D/1K in November of 2025. This page provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, ...

1 day ago - Even though Venezuela has ample oil reserves, turning it into usable gasoline or diesel would take major infrastructure changes, which requires time and significant investment. For consumers, those factors mean that any impact on U.S. gas prices would be limited and slow to surface.

2 days ago - US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

13 hours ago - The chart highlights the regime-change events in major oil-producing nations, each associated with notable disruptions to oil supply and corresponding movements in global oil prices. ... At the start of the year, market focus centered on Venezuela following heightened U.S.

1 week ago - 1 day U.S. Sells First Venezuela Oil Cargo for $500 Million · 1 day India's Coal Output Jumped 3.6% in December · 1 day Saudi Aramco Signs Long-Term LNG Supply Agreement in Louisiana · 2 days Oil Prices Plunge 3% as Trump Plays Down Prospect ...

4 days ago - NEW YORK, Jan 12 (Reuters) - Oil prices climbed ​and settled at seven-week highs on Monday on worries that Iran's exports could decline as the sanctioned OPEC member cracks ‌down on anti-government demonstrations. Limiting price gains were expectations that supplies could rise from Venezuela, another sanctioned member of the Organization of the Petroleum Exporting Countries.

2 days ago - Traders have reacted to U.S. President Donald Trump’s unexpected capture of Venezuelan leader Nicolás Maduro and the administration’s renewed push to revive Venezuela’s oil industry, which has lifted hopes of expanded operations and exports for U.S.