Venezuela · Energy

Key Facts

—The claim PDVSA says crude exports are up 19.7 percent so far in 2026, a company figure rather than an audited one.

—The output line Jovanny Martinez, PDVSA’s vice president for exploration and production, said crude output would reach 1.245 million barrels a day by the end of August.

—The tracked number Reuters shipping data put July exports at about 1.16 million barrels a day, down slightly from 1.2 million in June.