Venezuela Exports Surge To 800k BPD But Output Recovery Still Constrained

Venezuela’s crude and fuel exports jumped to about 800,000 bpd in January from 498,000 bpd in December, a month-on-month increase of 302,000 bpd or about 60.6%, according to shipping data amplified by traders’ sales. The export bounce followed the capture of President Nicolás Maduro and the end of a December oil blockade that had sharply […] The post Venezuela Exports Surge To 800k BPD But Output Recovery Still Constrained appeared first on the deep dive.