U.S. crude oil imports from Venezuela in July were highest since 2017

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. Crude oil imports from Venezuela started the year at 200,000 b/d and have steadily increased most months this ...