Venezuela's crude oil production, which dropped by some 75 percent in the same time span.
In 2022, exports of crude oil from Venezuela averaged around 438 thousand barrels per day. This was the lowest figure in the period of consideration and a notable decrease from export volumes prior to 2015. The country's oil exports have been annually decreasing since 2015 as a result of a combination of poor governance and U.S. sanctions following political turmoil. This is also reflected in Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day)
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OPEC. (December 14, 2023). Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. "Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day)." Chart. December 14, 2023. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. (2023). Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. "Crude Oil Exports from Venezuela from 2000 to 2022 (in 1,000 Barrels per Day)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC, Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/ (last visited June 16, 2024)
Crude oil exports from Venezuela from 2000 to 2022 (in 1,000 barrels per day) [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/