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U.S. crude oil imports from Venezuela in July were highest since 2017

Source report · explanatory context

What happened

U.S. crude oil imports from Venezuela in July were highest since 2017

In July 2026, U.S. imports of crude oil from Venezuela averaged 701,000 barrels per day (b/d), the most since May 2017, before decreasing to 655,000 b/d in August, according to data published in our Petroleum Supply Monthly

U.S. Energy Information Administration · U.S. Energy Information Administration · EIA public-domain information policy

Context

Trade and industrial developments can affect market access, production and input costs. Their direction and scale for India depend on the actual terms and exposure of the businesses involved.

Areas affected: Trade, Industry, Currencies.

Market reaction: unverified

What to watch next

Watch for the official implementation terms and subsequent trade or production data.

Source: U.S. Energy Information Administration ↗

Published: 6 Nov 2026, 19:30 IST.

Source details

Context published: 6 Nov 2026, 19:50 IST. Collected: 6 Nov 2026, 19:49 IST.

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