Key Points
- Venezuela's oil exports to the US increased by 40 percent compared to the previous week, reaching 675,000 barrels per day.
- The country has sold a total of 71.6 million barrels of crude oil to the US so far in 2026.
- Venezuela has been the second largest oil supplier to the US for 12 consecutive weeks.
By the Numbers
According to data announced by the US Energy Information Administration (EIA), Venezuela's crude oil exports to the United States increased by 40 percent compared to the previous week. With this increase, the average daily export volume reached 675,000 barrels, recording the second highest level of 2026.
Since the beginning of this year, Venezuela has exported a total of 71.6 million barrels of oil to the US market. This figure represents a level that is 41 percent above the total sales volume achieved in all of 2025. The four-week average rose to 587,000 daily barrels, reaching the highest value seen since the end of January 2019.
Thanks to this strong trade volume, Venezuela continues to maintain its position as the second largest oil supplier to the United States for 12 consecutive weeks. The data indicates a steady growth trend in energy trade between the two countries.
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Frequently Asked Questions
- By how much did Venezuela's daily oil exports to the US increase?
- It increased by 40 percent compared to the previous week, reaching an average of 675,000 barrels per day.
- How is Venezuela's oil export performance in 2026 compared to the previous year?
- The total export of 71.6 million barrels to the US this year corresponds to a volume that is 41 percent higher than the entirety of 2025.
- What rank does Venezuela hold among the US's oil suppliers?
- With the recent data, Venezuela has been the second largest oil supplier to the US uninterruptedly for 12 weeks.
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