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2026-11-03T19:39:56.146Z

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Oil Exports Steady in Oct

Oil Exports Steady in Oct

Venezuelan oil exports stood at about 1.08 million barrels per day in October, down 0.5% from September and at their lowest level since February, but up 21% from a year earlier. This came amid stagnant production, rising shipping costs, and weak demand. Shipments to the United States fell 29% to about 449,000 barrels per day, while shipments to Europe rose to 235,000, from 86,000 in September.

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