Sunday, 14 January 2018

Venezuela oil production recovering, near 1.9 mb/d – minister

Venezuela oil production recovering, near 1.9 mb/d – minister

14 January 2018, Caracas — Venezuela’s oil production has increased to near 1.9 million barrels per day (b/d) after hitting a historic low last year, according to Manuel Quevedo, oil minister and head of state oil firm PDVSA PDVSA.UL, who vowed 2018 will see output rise to more than 2.4 million b/d. The OPEC country …

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