Venezuela oil exports rose 19.7% this year, PDVSA says, as output nears 1.245 million barrels a day and Caracas sets a February 2027 summit.

Venezuela oil exports rose 19.7% this year, PDVSA says, as output nears 1.245 million barrels a day and Caracas sets a February 2027 summit.

Venezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing operations considerably. Equipment failures…