U.S. crude oil imports from Venezuela in July were highest since 2017
U.S. Energy Information Administration · Published
Official release
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
Particularly high refinery margins for distillate fuel oil and jet fuel have contributed to shifts in the refinery yields of major products in 2026. Data from our latest Petroleum Supply Monthly—which includes data through August 2026—indicate refinery yields of gasoline have decreased significantly this year to support increased production of distillate fuel oil and jet fuel, sometimes referred to as middle distillates due to
Read updateShow less: Refineries have shifted production away from gasoline to middle distillates
Match the bond series, redemption route, units and observation window before comparing a Sovereign Gold Bond payout. A practical guide to reading the official notice.
Read updateShow less: SGB redemption notices: six checks before you read the payout
Global crude oil refinery inputs fell by 4.8 million barrels per day (b/d) in the second quarter of 2026 (2Q26), or 6%, following the start of conflict in late February in the Middle East, according to data from Kpler. Throughput then increased by 1.8 million b/d in the third quarter, primarily as refiners in the region adjusted to new trade flows.
Read updateShow less: Global refinery inputs fell sharply in the second quarter of 2026 before modest recovery
