ES / EN
- August 9, 2025 -
No Result
View All Result
OnCubaNews
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
OnCubaNews
ES / EN
Home Cuba Economy

Venezuelan oil supply to Cuba jumps in July, according to news agencies

Although no results were seen in terms of power generation, Venezuelan oil shipments to Cuba experienced a notable increase compared to the previous month.

by
  • OnCuba Staff
    OnCuba Staff
August 8, 2025
in Economy
0
Photo: PDVSA/Facebook.

Photo: PDVSA/Facebook.

After reduced shipments in recent months, the arrival of Venezuelan oil to Cuba experienced a jump in July, when 31,000 barrels per day (bpd) of crude oil, gasoline and jet fuel were shipped to the island, although no results were seen in terms of power generation.

The data, cited by Reuters, corresponds to vessel tracking reports and documents from the state-owned oil company PDVSA, which experienced an approximate 10% drop in its exports during the seventh month of 2025, according to the press report.

Specifically, at the end of July, Washington authorized Chevron to operate and export its crude oil to the United States under a restricted license that does not allow payments to the government of Venezuelan President Nicolás Maduro.

Other PDVSA partners are still awaiting similar authorizations.

However, Chevron CEO Mike Wirth stated last Friday that the company would resume exports of Venezuelan oil to the United States this August, under the new license and in a limited quantity.

Wirth, according to Reuters, did not provide further details on the terms of the authorization, which was privately issued to the company.

Related Posts

María Paula Otero. Photo: Courtesy.

Between paper and embroidery, María Paula focuses on sustainable beauty

August 4, 2025
People walk down a street in Havana. Photo: Ernesto Mastrascusa/EFE.

Cuba closes first half of year with 25% fewer tourists than in same period 2024

July 23, 2025
Streets of Old Havana with the Capitol in the background

Notes on our circumstances

July 20, 2025
Sandra Sotolongo, co-director of the “inSurGENTES” project, during an activity in the vegetable garden. Photo: Courtesy.

Insurgents, an open-air revolution

July 10, 2025

Oil to Cuba, with secret formulas

In May, Minister of Energy and Mines Vicente de la O Levy explained that Venezuela remained the main supplier of crude oil, although it had reduced its shipments due to U.S. sanctions against Caracas.

Miguel Díaz-Canel also addressed the issue, acknowledging that the island was nevertheless using a “formula” to circumvent sanctions in order to continue receiving these shipments. The statements were made on his podcast “Desde la presidencia” (From the Presidency).

According to January data, the arrival of Venezuelan oil to Cuba had experienced a “historic drop,” standing at around 10,000 barrels per day, less than half of what was supplied in December 2024.

Although the figure appears to have reversed in February, it was still far from what was agreed upon by Hugo Chávez and Fidel Castro. According to another Reuters report, PDVSA closed 2024 with the export of 24,000 barrels per day to Cuba, while in 2023 they were around 56,000. In June, Venezuelan oil exports to Cuba were 8,000 barrels per day.

The reduction in fuel supplies to Cuba has been noticeably visible and has a direct impact on sectors such as transportation and power generation, one of the sectors most affected by the current economic crisis affecting the country and consuming citizens’ daily routines.

As for PDVSA, in July it registered an increase in its exports to China, reaching approximately 95% of its total exports. Overall, the company exported an average of 727,000 barrels per day (bpd) of crude oil and refined products, down from the 807,000 bpd recorded in June.

  • OnCuba Staff
    OnCuba Staff
Tags: Cuba and Venezuelafuel crisisvenezuelan oil
Previous Post

Cuba and Haiti, only two regional economies set to decline in 2025, according to ECLAC

OnCuba Staff

OnCuba Staff

Leave a Reply Cancel reply

The conversation here is moderated according to OnCuba News discussion guidelines. Please read the Comment Policy before joining the discussion.

Your email address will not be published. Required fields are marked *

Most Read

  • The Enchanted Shrimp of the Cuban Dance

    3166 shares
    Share 1266 Tweet 792
  • When Halley’s Comet sent Cubans running

    10 shares
    Share 4 Tweet 3
  • Venezuelan oil supply to Cuba jumps in July, according to news agencies

    10 shares
    Share 4 Tweet 3
  • Cuba and Haiti, only two regional economies set to decline in 2025, according to ECLAC

    10 shares
    Share 4 Tweet 3
  • Katapulk launches new online commerce model: at cost price, transparent and “no surprises”

    10 shares
    Share 4 Tweet 3

Most Commented

  • Entrance to San Juan Park, located east of Santiago.

    San Juan Hill: heritage in the attic?

    30 shares
    Share 12 Tweet 8
  • MSMEs barely growing and their slowdown hinders competition and economic dynamism

    28 shares
    Share 11 Tweet 7
  • About us
  • Work with OnCuba
  • Terms of use
  • Privacy Policy
  • Moderation policy for comments
  • Contact us
  • Advertisement offers

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

No Result
View All Result
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}