Venezuelan state oil company PDVSA’s oil sales abroad in 2024 reached $17.52 billion, Reuters reported citing a results document, as exports increased thanks to US licenses that allowed foreign partners to operate.
- Crude oil, fuel exports averaged 805,500 b/d last year, Reuters said citing preliminary data from 2024 financial and operational results
- That represents a 15% increase from nearly 700,000 b/d in 2023, Reuters said citing data and documents
- PDVSA, which did not immediately respond to a request for comment, has not published results since 2016: Reuters
- According to the results, the company produced an average 952,000 b/d in 2024, ...
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