Venezuela’s oil production at 650 thousand barrels per day

Caracas, Oct 13 (Prensa Latina) Venezuela's oil production reached 650 thousand barrels per day in September, according to the official statistics bulletin of the Organization of Petroleum Producing Countries (OPEC), disclosed today by the local press.

October 13, 2021
14:55

According to direct OPEC sources, the South American nation increased its crude oil extraction by 9,000 barrels per day with respect to August, according to the digital edition of the newspaper Últimas Noticias.

The production of 650 thousand barrels per day is the highest of the whole year for the Venezuelan oil industry, higher than the 569 thousand barrels per day averaged in 2020, the source showed.

Venezuela averaged a production of 1,13,000,000 barrels of crude oil per day in 2019, even under the severe effects caused by the unilateral coercive measures implemented by the United States.

Speaking recently at the United Nations Conference on Trade and Development, Venezuelan Vice President Delcy Rodríguez denounced that the country’s losses as a result of the so-called sanctions exceed 63 billion dollars, only in the oil industry.

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