Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Shell posts strong Q4 cash flow on upstream, LNG performance

February 5, 2026

VAALCO Energy to sell non-core Canadian assets for $35 million

February 5, 2026

Texas anti-ESG law declared unconstitutional by US judge – Oil & Gas 360

February 5, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Russia Signals It Will Keep Sending Oil to Cuba Despite U.S. Pressure
OPEC Announcements

Russia Signals It Will Keep Sending Oil to Cuba Despite U.S. Pressure

omc_adminBy omc_adminFebruary 5, 2026No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Russia has been supplying crude oil to Cuba repeatedly over the past few years and supplies will continue, the Russian ambassador to Havana, Viktor Koronelli, told state news agency RIA today.

The statement comes following the latest U.S. squeeze on Cuba, with President Trump threatening tariffs on countries that continue sending crude to the island nation, warning it had about two weeks’ worth of oil earlier this month. Trump is aiming for regime change in Cuba.

Despite the threats, Mexico’s state oil company said this week it intended to uphold its contract with the government in Havanna and continue shipping oil there. That statement follows reports about Pemex canceling a planned oil cargo for Cuba at the end of January in response to Trump’s pressure campaign, with Reuters noting that the Mexican leadership was worried about getting punished by Washington if it kept shipping oil to Cuba.

President Claudia Scheinbaum, however, said that Pemex’s decision to suspend that shipment was made on the grounds of price considerations and not under U.S. pressure. Mexico has been exporting oil to Cuba at a rate of between 17,000 bpd and 20,000 bpd as of 2024 and early 2025. The island’s biggest oil supplier, however, was Venezuela, until the U.S. removed President Nicolas Maduro and took over the country’s oil industry.

Between January and September last year, Mexico shipped roughly 17,200 barrels per day of crude oil and 2,000 bpd of refined products to Cuba, according to Pemex filings. This may be modest by global standards, but it is what keeps Cuba’s power plants and transportation running.

Commenting on the events in Venezuela with regard to Cuba, Russia’s Koronelli said that it may be too premature to talk about Cuba losing an ally, although he acknowledged that “relations in certain spheres had changed format.”

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Lower Oil Prices Drag ConocoPhillips Q4 Profit Below Estimates

February 5, 2026

TotalEnergies Doubles Down on Clean Power With Major Airbus Supply Deal

February 5, 2026

Kuwait Eyes 4 Million Bpd Oil Production Capacity by 2035

February 5, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views
Don't Miss

Shell posts strong Q4 cash flow on upstream, LNG performance

By omc_adminFebruary 5, 2026

Shell plc reported fourth-quarter 2025 adjusted earnings of $3.3 billion and cash flow from operations…

bp, Kuwait Oil Company extend technical services agreement through 2029

February 5, 2026

Venezuela oil output to lag Brazil, Guyana and Argentina through 2030, analysts say

February 5, 2026

Shell Profit Misses | Rigzone

February 5, 2026
Top Trending

UK plans to cut climate finance to poor countries by a fifth despite promising more help | Climate aid

By omc_adminFebruary 5, 2026

Carbon Removal Project Developer Varaha Raises $20 Million

By omc_adminFebruary 5, 2026

Airbus Signs Clean Energy Deal with TotalEnergies to Decarbonize Operations in Germany, UK

By omc_adminFebruary 5, 2026
Most Popular

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The 5 Best 65-Inch TVs of 2025

July 3, 202512 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

VAALCO Energy to sell non-core Canadian assets for $35 million

February 5, 2026

Empowering People in Oil and Gas

February 5, 2026

USA Crude Oil Stocks Drop 3.5MM Barrels WoW

February 5, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.