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FX.co ★ U.S. OPEC-Sourced Venezuelan Crude Imports Edge Higher to 1.10M Barrels

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typeContent_19130:::2026-05-11T14:15:02

U.S. OPEC-Sourced Venezuelan Crude Imports Edge Higher to 1.10M Barrels

United States imports of OPEC crude oil from Venezuela have risen, with the latest reading reaching 1.10 million barrels, up from the previous level of 0.98 million barrels. The data, updated on 11 May 2026, indicate a continued recovery in flows of Venezuelan crude into the U.S. market.

The increase suggests a modest strengthening in trade ties around Venezuelan crude, which had previously been constrained. While the absolute volumes remain limited compared with historical peaks, the uptick may signal a gradual normalization in supply dynamics from the OPEC member to the United States. Traders and analysts will be watching subsequent data releases to see whether this marks the beginning of a sustained trend or a temporary adjustment in sourcing patterns.

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