For its part, state oil company PDVSA reported a 998,000 bpd output in December, up from 960,000 bpd the prior month. Venezuela’s crude and byproduct exports receded to 756,000 bpd last month from a ...
Venezuela's economy has experienced a prolonged crisis marked by triple-digit inflation ... especially restrictions on the nation's key oil industry. Maduro and his allies have cheered what ...
Venezuela’s oil exports managed a notable 10.5% climb in 2024, hitting their highest levels since 2019. State oil company PDVSA and its joint venture partners have deftly maneuvered through ...
Venezuela’s crisis directly impacts the United States ... While the U.S. once reduced reliance on foreign oil under Mr. Trump, Venezuela’s political chaos, fueled by Maduro—presumed head ...