Venezuela’s Oil Exports Plunge By 38% From Three-Year High

September 4, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Venezuela’s oil shipments plummeted in August by 38% compared to the three-year high reached in July as state oil firm PDVSA was unable to maintain production at the upgraders that convert the extra heavy oil into grades suitable for shipping, Reuters reported on Monday, quoting PDVSA internal documents and tanker-tracking data. Last month, Venezuela exported 544,000 barrels per day (bpd) of crude oil, down by 38% compared to over 877,000 bpd shipped in July, per LSEG Eikon vessel tracking data cited by Reuters. In July, Venezuela’s…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Venezuela’s Oil Exports Plunge By 38% From Three-Year High

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