http://www.worldoil.com WorldOil Crude rises as Venezuela sanctions stoke crude supply risk concern http://www.worldoil.com/news/2018/5/22/crude-rises-as-venezuela-sanctions-stoke-crude-supply-risk-concern Crude extended its three-year high as a new wave of U.S. sanctions on Venezuela stoked concerns over its crude production and as analysts forecast further declines in American stockpiles. Oil pares gain as IEA discusses ways to tackle Venezuela risks http://www.worldoil.com/news/2018/5/21/oil-pares-gain-as-iea-discusses-ways-to-tackle-venezuela-risks Oil traded near $71/bbl, paring earlier gains, as the International Energy Agency said it’s in talks with producing nations to step in should sanctions be imposed on Venezuela, resulting in a supply shortfall. PDVSA learns that Conoco pain may be worse than U.S. sanctions http://www.worldoil.com/news/2018/5/11/pdvsa-learns-that-conoco-pain-may-be-worse-than-us-sanctions ConocoPhillips may finish what U.S. sanctions started. Iran sanctions add to Venezuela collapse, jolting oil market http://www.worldoil.com/news/2018/5/9/iran-sanctions-add-to-venezuela-collapse-jolting-oil-market While the world ponders the fate of Iran’s exports, the oil market is exposed more than ever to the effects of Venezuela’s spectacular production collapse. Oil faces a month of mayhem as geopolitical risks proliferate http://www.worldoil.com/news/2018/5/7/oil-faces-a-month-of-mayhem-as-geopolitical-risks-proliferate Plunging Venezuelan crude production; sanctions disrupting Iranian oil exports; Saudi Arabia pushing for even higher prices; North Korea peace talks -- the coming weeks bring an abundance of risks for the oil market. Man who ran Venezuelan oil giant for decade predicts fast demise http://www.worldoil.com/news/2018/5/4/man-who-ran-venezuelan-oil-giant-for-decade-predicts-fast-demise Rafael Ramirez, the once all-powerful Venezuelan oil czar, says the state producer he ran for almost 10 years is on the brink of collapse. Rigged oil auctions said to squander years of PDVSA profits http://www.worldoil.com/news/2018/4/4/rigged-oil-auctions-said-to-squander-years-of-pdvsa-profits No country in the Americas is deemed more corrupt than Venezuela. There are so many tales of bribes and influence peddling, it’s hard to keep track. OPEC output falls to lowest in a year as Venezuela's woes deepen http://www.worldoil.com/news/2018/4/3/opec-output-falls-to-lowest-in-a-year-as-venezuelas-woes-deepen OPEC crude production dropped to the lowest in a year amid the woes in Venezuela’s oil industry. EIA: Venezuela’s crude oil production declines amid economic instability http://www.worldoil.com/news/2018/3/13/eia-venezuela-s-crude-oil-production-declines-amid-economic-instability Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years. U.S. said to weigh Venezuelan oil sanctions before April vote http://www.worldoil.com/news/2018/2/27/us-said-to-weigh-venezuelan-oil-sanctions-before-april-vote The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official.