Home Oil & Companies News VENEZUELA DATA: August average crude production declines to 520,000 b/d

VENEZUELA DATA: August average crude production declines to 520,000 b/d

In August, average crude production by state-owned PDVSA and its foreign partners fell to 520,000 b/d, slightly below the 524,000 b/d reported for July, and 535,000 b/d below the recovery target announced in April by petroleum minister Tareck El Aissami, according to internal daily production reports reviewed by S&P Global Platts. According to the reports, …

The post VENEZUELA DATA: August average crude production declines to 520,000 b/d first appeared on Hellenic Shipping News Worldwide. Source

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