Venezuelan Oil Exports to U.S. Rise Amid Supply Deal
Venezuelan oil exports to the United States have surged to approximately 7.8 million barrels as part of a $2 billion supply agreement. According to NS3.AI, this development has contributed to a slight increase in the stock prices of Exxon Mobil and Chevron. The U.S. government has granted Chevron an expanded license to boost production in Venezuela, although production cuts by PDVSA persist. Despite the ongoing issue of tanker seizures, industry experts anticipate that the oil sector, particularly U.S. oil stocks, will demonstrate resilience in 2026 due to geopolitical changes.
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