US EditionVenezuela’s Oil Exports Plummet on October As Sanctions And Mismanagement Take Their Toll
4 Articles
4 Articles
Venezuela’s Oil Exports Plummet on October As Sanctions And Mismanagement Take Their Toll
Venezuela’s oil exports fell sharply in October, dropping 26% to just 808,000 barrels per day, as dwindling inventories and a collapse in imports of critical diluents crippled the country’s ability to refine its heavy crude for global markets. The decline underscores the devastating impact of years of socialist mismanagement, corruption, and international sanctions on what […]
However, imports fell to about 41,000 barrels per day in September and 73,500 barrels per day in October.
Venezuela’s Oil Exports Fall Over Lower Inventories, Imports - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – Venezuela’s oil exports declined 26% to some 808,000 barrels per day in October as the country’s stocks dwindled and it imported smaller volumes of diluents to produce exportable crude grades, according to shipping data and documents from state firm PDVSA. The OPEC country’s exports had reached a five-year high in September after being ...
Venezuela's oil exports decreased by 26 per cent to around 808,000 barrels per day in October, as the country's reserves decreased and smaller volumes of diluents imported to produce exportable crude oil, according to data from the state-owned company PDVSA. Exports from the OPEC member country reached [...] Entry Reuters: Venezuela's oil exports fall due to the decrease in reserves and imports was first published in Foco Informativa.
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