Reported 25 days ago
In October, Venezuela's oil exports surged to a four-year peak of nearly 950,000 barrels per day, driven by higher crude output and increased sales to India and the United States. Despite facing challenges such as a significant storage terminal fire, tightening U.S. sanctions, and corruption allegations against former officials, Venezuela's state oil company PDVSA reported a 21% rise in exports compared to the previous month, marking the highest monthly figure since early 2020.
Source: YAHOO