Venezuela's oil production saw a growth throughout much of 2024. Monthly output climbed as high as 839,000 barrels per day as of April of that year. In comparison to the same month of the previous year, this represented an increase of nearly 90,000 barrels per day. Annual crude oil production in Venezuela has also slowly increased in the last few years, amounting to approximately 850,000 barrels daily in 2023.
Crude oil production in Venezuela from January 2021 to April 2024
(in 1,000 barrels per day)
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EIA. (August 1, 2024). Crude oil production in Venezuela from January 2021 to April 2024 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved December 08, 2024, from https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/
EIA. "Crude oil production in Venezuela from January 2021 to April 2024 (in 1,000 barrels per day)." Chart. August 1, 2024. Statista. Accessed December 08, 2024. https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/
EIA. (2024). Crude oil production in Venezuela from January 2021 to April 2024 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: December 08, 2024. https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/
EIA. "Crude Oil Production in Venezuela from January 2021 to April 2024 (in 1,000 Barrels per Day)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/
EIA, Crude oil production in Venezuela from January 2021 to April 2024 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/ (last visited December 08, 2024)
Crude oil production in Venezuela from January 2021 to April 2024 (in 1,000 barrels per day) [Graph], EIA, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/1240421/crude-oil-production-monthly-venezuela/