EnergyReader · 2026-08-04 13:17

Venezuela Lifts China Oil Shipments to Seven-Year High in July

By EnergyReader Newsroom · August 4, 2026

Venezuelan crude shipments to China averaged 786,000 barrels per day in July, the highest monthly volume since early 2019, Reuters reported, arriving on a day when ICE Brent crude front-month fell 2.97% to $81.92 a barrel — a move that compresses the economics on every discounted heavy barrel moving east.

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Connected coverage Stories linked to Venezuela through the market graph: same hub, spread, route or driver.

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