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Oil’s well: Venezuela’s crude exports hit highest since 2018 — India, US and other buyers line up

The article, published on May 2, 2026, reports that Venezuela's crude exports have risen to their highest level since 2018, with India, the United States, and other buyers lining up to purchase.

Why It Matters

The development suggests renewed demand for Venezuelan crude and could influence global oil trading dynamics.

Timeline

1 Event

Venezuela's crude exports reach multi-year high; major buyers line up

May 2, 2026

The article reports that Venezuela's crude exports have reached their highest level since 2018, with India, the United States, and other buyers lined up to purchase Venezuelan crude. The information is based on coverage published on May 2, 2026.