Venezuela’s oil production reached 878,000 barrels per day (bpd) in April, up 0.45% – some 4,000 bpd – from March, when it averaged 874,000 bpd, according to official figures collected in a report published Tuesday by the Organization of Petroleum Exporting Countries (OPEC). Venezuela recorded a slight increase in crude oil production despite the resumption … Read more
The production Venezuelan oil company registered a significant increase during the month of June 2024, closing with an extraction of 922 thousand barrels of crude oil per day. This is reflected in figures from the Organization of Petroleum Exporting Countries (OPEC) in its most recent monthly report, which detailed that the country had a growth … Read more
The Venezuelan oil production presented an average increase of 922,000 barrels per day during the closing of the first quarter of 2024, as reported by the national government, in the latest balance offered to the Organization of the Petroleum Exporting Countries (OPEC). In this sense, according to this information, the country had an increase of … Read more
The increase in crude oil pumping has occurred despite the resumption, in mid-April, of sanctions on oil and gas by the United States. The Organization of the Petroleum Exporting Countries (OPEC) reported on July 10 that Venezuela’s oil production averaged regarding 904,000 barrels per day (bpd) in the second quarter of the year. This figure … Read more
The numbers linked to grease exports by Venezuela elevated by 30% final Could, optimistic information for PDVSA’s surroundings following disappointing knowledge in April. In accordance with Voice of AmericaCould closed in the absolute best method for PDVSA and its oil exports, as its shoppers acquired shipments even if The US Treasury Division didn’t renew the … Read more
This Monday, Brazil’s Power Minister, Alexandre Silveira, blamed Guyana to “suck” the Brazilian oil reserves positioned off the coast of the Amazon. Throughout a press convention he led in Belo Horizonte, he stated: “Our brothers from Guyana are sucking the riches of Brazil, they’re exploring the forex, in a block acquired through the Dilma authorities … Read more
Venezuela reported oil manufacturing of a median of 910,000 barrels per day in Might, the best month-to-month quantity since November 2019 and a rise of 32,000 bpd in comparison with the earlier month, additionally one of many largest will increase reported in recent times. Nevertheless, the sources of the Group of Petroleum Exporting International locations … Read more
A.- On Monday, the barrel of Brent oil from the North Sea was quoted at $ 74.23, representing a achieve of 19 cents and a rise of 0,26%, whereas US crude West Texas Intermediate (WTI) was situated at 65,92, which represents a rise of 0,56% and a rise of 37 cents, evaluation Prensa Latina. Additionally, … Read more