Venezuela Sees Oil Output Rise in 2023

In August 2023, Venezuela told OPEC it produced an average of 820,000 barrels of oil daily. This is a 10,000-barrel rise from July. Venezuela’s own data to OPEC shows these numbers beat the May average of 819,000 barrels. Independent groups offer different numbers. They say Venezuela produced 730,000 barrels daily in August. Both sets of […]

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