AGP Executive Report
Last update: 4 hours agoOil Output: Venezuela could add 100,000–200,000 barrels a day over the next six to 12 months, a former Chilean energy minister said, if conditions remain favorable. Reaching that growth will depend on investment in fields, pipelines and power infrastructure. Oil Trade: Indian crude imports from Venezuela are rising as Russian supplies hold steady, with Reliance a major buyer. Shipping: Washington is weighing permits for some sanctioned tankers—including vessels that previously carried Venezuelan oil—to haul cargoes not barred by U.S. rules. The proposal would not authorize sanctioned Russian or Iranian oil, and analysts doubt it will substantially ease record freight costs.
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