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2019-04-03 11:00:00

VENEZUELA'S OIL EXPORTS 1 MBD

VENEZUELA'S OIL EXPORTS 1 MBD

REUTERS - 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.

The OPEC member stabilized exports in March after shipments fell about 40 percent in February from the prior months, in the immediate aftermath of the United States announcing it would impose sanctions on oil sales to choke off the main source of revenue for socialist President Nicolas Maduro.

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Tags: VENEZUELA, OIL, EXPORTS
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