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    Home»Economy»Venezuelan oil exports surged to record highs in April, with the US and India leading the way.
    Economy

    Venezuelan oil exports surged to record highs in April, with the US and India leading the way.

    hh-93By hh-93May 1, 2026No Comments0 Views
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    The latest shipping and tanker tracking data shows a significant surge in Venezuelan oil supplies to global markets during April 2026, driven by increased demand from US and Asian refineries.

    Total Export Performance

    According to documented data, Venezuelan oil exports reached 1.23 million barrels per day (bpd) in April.

    This figure represents one of the highest export levels the country has recorded recently, reflecting a gradual recovery in shipping and supply capacity.

    Geographical Distribution Map (April 2026)

    The increase was primarily driven by strong demand from two major players in the global energy market:

    United States: Venezuelan exports to US refineries saw a significant increase, reaching approximately 445,000 bpd.

    India: Indian ports received flows of Venezuelan crude reaching approximately 374,000 bpd, reinforcing Venezuela’s position as a strategic supplier to the Asian market.

    These figures come at a time when global energy analysts are closely monitoring the shifting energy landscape and the impact of geopolitical conflicts on global energy security.

    These data reflect the ability of Venezuelan heavy crude to make a strong comeback and compete with other oil grades in the complex refineries of the US Gulf Coast and India.

    These developments point to a shift in the dynamics of the oil trade, with Venezuela contributing more significantly to filling global supply gaps, as the May statistics are awaited to determine the sustainability of this export momentum.

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