OPEC & Venezuela
24 shared events · Importance 7 · Last updated May 25, 2026
Live sentiment trends, interaction importance charts, and action volume tracking available on the
Ergen Dashboard
International
OPEC: The OPEC' share in India's imports rose in April, partly due to increased imports from the United Arab Emirates, a former member.
Venezuela: Venezuela saw increased oil imports by India, becoming a significant alternative supplier due to disruptions in the Middle East. It is projected to become India's fourth-largest supplier in May.
May 25, 2026 · 7 articles
Regulatory
OPEC: OPEC's reserve estimates for Venezuela are cited, but the organization itself is not directly impacted by this event.
Venezuela: Venezuela benefits from increased foreign investment and potential production growth, which could improve its oil revenues and economic outlook, though sanctions remain a broader challenge.
Aug 16, 2026 · 6 articles
International
OPEC: Venezuela is an OPEC member; political changes may affect its oil production and OPEC dynamics.
Venezuela: Country affected by Maduro's capture and political transition; ongoing instability.
Jul 21, 2026 · 83 articles
International
OPEC: OPEC+ is expected to halt output increases, supporting prices, but faces supply constraints.
Venezuela: Venezuela may benefit from increased oil production to offset supply disruptions, but faces its own challenges.
Apr 08, 2026 · 416 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Venezuela: Venezuela>>> is mentioned as a country where Donald Trump>>>'s pressure tactics have been more effective, contrasting with the situation in Iran>>>.
May 07, 2026 · 362 articles
International
OPEC: OPEC data used to measure supply losses, but group's influence limited.
Venezuela: Venezuela was among countries India increased oil purchases from during the crisis.
Apr 20, 2026 · 709 articles
International
OPEC: Iran is the third-largest producer in OPEC, and the disruption to its oil exports due to the conflict has implications for global oil markets.
Venezuela: Venezuela is mentioned by Donald Trump as a comparison for the US's potential control over Iran's oil sector, indicating a broader US foreign policy approach.
Apr 20, 2026 · 508 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: Venezuela is a member of OPEC, and the United States' actions to control its oil flows could have implications for the group's dynamics.
Jan 07, 2026 · 6 articles
International
OPEC: Iran is the third largest producer in the OPEC, making the potential disruption of its oil exports significant for the global oil market.
Mar 27, 2026 · 44 articles
International
OPEC: OPEC data was cited to show Venezuela's low crude output in 2024, illustrating the decline of its oil industry due to underinvestment, sanctions, and embargoes.
Jan 09, 2026 · 6 articles
International
Venezuela: Venezuela's oil sector was previously assumed control of by the US after ousting its then-president, a scenario Donald Trump compared to his plans for Iran.
May 18, 2026 · 316 articles
ERGEN INTELLIGENCE
Explore this relationship live
Track how OPEC and Venezuela interact across events, view sentiment trends, and discover connected entities.
Open Dashboard