Venezuela oil production data

Venezuela Crude Oil Production: Venezuela Crude Oil Production is at a current level of 795.00K, down from 875.00K last month and down from 1.545M one year ago. This is a change of -9.14% from last month and -48.54% from one year ago. In 1997, Venezuela was producing about 3.2 million barrels of oil per day. Production hovered around 2.5 million barrels per day from 2002 to 2015, and then slumped, hitting 1.6 million barrels After the latest round of oil sanctions this January, oil production fell by 400,000 barrels per day, leading to $8 billion in foregone export revenue. Imports have fallen by more than 50 percent

28 Sep 2018 According to OPEC, Venezuela's oil production fell by 36,000 barrels per According to the latest available EIA data, US exports of petroleum  27 Jan 2019 Output today is hovering above the one million mark, according to experts. Chart showing how Venezuelan oil production is falling. Even without  7 Aug 2018 According to data from the U.S. Energy Information Administration, Venezuela's oil production has been on a steady decline since 1997 and the  12 Jul 2018 Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organisation of the Petroleum Exporting  1 Oct 2018 Hiking the monthly minimum wage over 3,000 percent as of September. According to OPEC secondary sources, oil production in Venezuela  Venezuela Crude Oil Production - values, historical data and charts - was last updated on March of 2020. Crude Oil Production in Venezuela averaged 2364.33 BBL/D/1K from 1973 until 2020, reaching an all time high of 3453 BBL/D/1K in December of 1997 and a record low of 594 BBL/D/1K in January of 2003. Venezuela’s Crude Oil: Production data is updated monthly, averaging 2,353.500 Barrel/Day th from Jan 2002 to Feb 2020, with 218 observations. The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 616.000 Barrel/Day th in Jan 2003.

According to the latest data, Venezuela's crude oil production now stands at its lowest level in more than 50 years. Output in May averaged 1.36 million barrels 

24 Jan 2018 Oil production figures released by OPEC on January 18 delivered bad news for Venezuela: from January to December, production fell by  The Joint Organisations Data Initiative (JODI) is a concrete outcome of the producer-consumer dialogue and aims to improve gas and oil data transparency. 20 Feb 2020 (Adds production data in ninth paragraph; minor changes throughout.) --With assistance from Lucia Kassai and Alex Vasquez. To contact the  14 Feb 2020 OPEC 14 crude oil production was down 509000 barrels per day in January. OPEC Libya, Iran, and Venezuela are exempt from quotas. 21 May 2019 By the numbers: In April 2019, Venezuela's oil production averaged Data: The Center for Systems Science and Engineering at Johns  20 May 2019 EIA forecasts Venezuela crude output to continue falling through at least yearend 2020. Venezuela Monthly Crude Production Through April 2019. 10 Apr 2019 The data showed overall OPEC crude production fell in March by Venezuela was producing 2.4 million barrels a day as recently as 2015.

18 Sep 2019 As of August, Venezuela's crude production is down 60% from January to 979,400 barrels per day (bpd), according to unofficial PDVSA figures 

12 Jul 2018 Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organisation of the Petroleum Exporting  1 Oct 2018 Hiking the monthly minimum wage over 3,000 percent as of September. According to OPEC secondary sources, oil production in Venezuela  Venezuela Crude Oil Production - values, historical data and charts - was last updated on March of 2020. Crude Oil Production in Venezuela averaged 2364.33 BBL/D/1K from 1973 until 2020, reaching an all time high of 3453 BBL/D/1K in December of 1997 and a record low of 594 BBL/D/1K in January of 2003. Venezuela’s Crude Oil: Production data is updated monthly, averaging 2,353.500 Barrel/Day th from Jan 2002 to Feb 2020, with 218 observations. The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 616.000 Barrel/Day th in Jan 2003.

Venezuela’s Crude Oil: Production data is updated monthly, averaging 2,353.500 Barrel/Day th from Jan 2002 to Feb 2020, with 218 observations. The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 616.000 Barrel/Day th in Jan 2003.

Regarding the crude oil production according to OPEC's monthly oil report dated July 11, 2019, Venezuela's crude oil production shrank from 1,911 mbpd in  28 Jun 2019 Meanwhile, in neighboring Venezuela, the country reported a decline in oil production. The monthly report published in Vienna by the 

The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 300 As a result of the lack of transparency in the country's accounting, Venezuela's true level of oil production is difficult to "OPEC Facts and figures".

Venezuela’s economic situation is unthinkably bad, especially for what was once South America’s richest nation. Hyperinflation, plunging oil production and unpayable debts will confront whoever wins the current struggle for control between Nicolas Maduro and Juan Guaido, both of whom claim to be president. According to the latest data, Venezuela’s crude oil production now stands at its lowest level in more than 50 years. Output in May averaged 1.36 million barrels per day (b/d), down from 1.41 million b/d in April. There are 43 national parks in Venezuela, making up 15 per cent of the country’s land mass. Venezuela has been an oil producer since 1914 when the first commercial oil well, Zumaque I, was drilled in the Mene Grande field on the eastern shores of Lake Maracaibo. Below data covers 2018 In April 2019, Venezuela's crude oil production averaged 830,000 barrels per day (b/d), down from 1.2 million b/d at the beginning of the year, according to EIA’s May 2019 Short-Term Energy Outlook.

12 Jul 2018 Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organisation of the Petroleum Exporting