U.S. Nets $500 Million From First Post-Maduro Venezuelan Oil Sale

The U.S. government has completed the first sale of a Venezuelan crude shipment it received following the removal of President Nicolás Maduro, raising $500 million, according to an unnamed U.S. official cited by media reports. Additional cargoes are expected to be sold in the coming days, potentially increasing flows of Venezuelan supply into global benchmarks and influencing pricing dynamics for both Oil – Brent Crude and Oil – US Crude. The proceeds from the initial sale have reportedly been placed in controlled bank accounts, underscoring Washington’s effort to manage Venezuelan oil revenues during the political transition and adding another variable to an already complex global supply picture.

Over the past month, Oil – US Crude has advanced about 6.25%, reflecting expectations of tighter balances and geopolitical risk premia that could be further affected by redirected Venezuelan exports. On a 1-day basis, the technical outlook for U.S. crude currently screens as a Buy, suggesting short-term momentum remains constructive. Oil – Brent Crude has gained roughly 6.88% over the last month, maintaining its role as the key international benchmark amid shifting Atlantic Basin trade flows; its 1-day technical reading also points to a Buy signal, indicating near-term bullish sentiment despite the potential for additional supply from Venezuela. Investors can explore more updates, prices, and analysis across global markets at Commodities.