Exclusive: Venezuela oil exports stable in March despite sanctions, blackouts

- Venezuela’s state-run energy company, PDVSA, kept oil exports near 1 million barrels per day in March despite U.S. sanctions and power outages that crippled its main export terminal, according to PDVSA documents and Refinitiv Eikon data.

March’s exports of 980,355 barrels per day of crude and fuel were only slightly below February’s shipments of 990,215 bpd, according to the documents seen by Reuters and the Refinitiv Eikon data. Most oil shipments in February and March were destined for Asia. Until the sanctions, the United States was Venezuela’s largest crude buyer.

Guaido last month said shipments to Cuba should be halted. But PDVSA, controlled by a military leadership loyal to Maduro, has continued exports to the island.Venezuela’s oil production once surpassed 3 million bpd, but years of what critics say is mismanagement and corruption have caused that output to dwindle. The reduction in oil revenue has led the once-prosperous nation into recession and created conditions for hyperinflation.

America is destroying countries that disagree with them I feel sorry for venezuela

What about the looters (corrupt officials)

Russia and China are saving Venezuela..They, as always, take advantage of the crisis that USA create to increase their influence. Now USA has haned over the venezuealn oil to China and Russia

Thx ...... To IRAN...CHINA...RUSSIA !!!!!!

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Exclusive: Venezuela oil exports stable in March despite sanctions, blackouts -dataVenezuela's state-run energy company, PDVSA, kept oil exports near 1 millio... Let's see the numbers this last month with all the blackouts. What this report doesn't tell you is Venezuela is giving enormous discounts on their crude exports to entice buyers. Cuba, N. Korea and China (PRC) are probably their largest buyers. This '...an election last year that was widely considered a sham' is not true and is not backed in your story mariannaparraga. International observers deemed Venezuela's elections fair. Pres Jimmy Carter's Carter Center says they are among the best in the world.
Source: Reuters - 🏆 2. / 97 Read more »

Russian minister to discuss ways to boost Venezuela's oil exportsRussian Energy Minister Alexander Novak said on Friday he planned to discuss wit... jakejakeny This should be viewed as a hostile act by the United States. Russia desires to take over and control the Venezuelan oil sector. About time someone steps up to help that country instead of watching like the rest of the glutons who cannot stand up to trump and his maverick ideas. Punish their govt all you want but not the people of that country
Source: Reuters - 🏆 2. / 97 Read more »