eia venezuelas crude oil production declines amid economic in Malaysia

Hungry Venezuelans are rioting and looting amid worsening food shortages, but the OPEC country's remote oil fields have been sheltered from the social unrest so far.

Venezuela’s hydrocarbons industry has completely collapsed. Seven years of mismanagement and political purges, the dismantling of Petróleos de Venezuela S.A.’s

A combination of relatively low global crude oil prices and the mismanagement of Venezuela’s oil industry has led to these accelerated declines in production. Several factors indicate that Venezuela’s crude oil

Venezuela’s oil production took a hit in November, continuing a troubling trend as the country’s oil industry faces major challenges. According to a recent report from OPEC (Organization of

Venezuela's natural gas reserves are still underutilized, and a large portion of the country's current natural gas output is used to supplement the output of mature oil fields rather

However, crude oil and other liquids production is continuing to fall amid Venezuela’s economic woes, with declines widespread among PdVSA and joint venture projects.

Venezuela’s crude oil production has fallen from about 3.2 million b/d in 2000 to 735,000 b/d in September 2025, making it the 10th-largest producer in OPEC despite its

A combination of relatively low global crude oil prices and the mismanagement of Venezuela’s oil industry has led to these accelerated declines in production. Several factors indicate that Venezuela’s crude oil

Crude oil production in Venezuela declined to its lowest level in more than 16 years in April, and the recent freefall could accelerate further as US sanctions-related deadlines pass. The politically and economically

Venezuela, home of one world’s largest oil reserves, has long been a key player in the global energy market. However, years of U.S. led economic sanctions have severely impacted its oil sector, restricting production, exports,

Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years. Crude oil production in

Venezuela’s oil production took a hit in November, continuing a troubling trend as the country’s oil industry faces major challenges. According to a recent report from OPEC (Organization of

The declines in Venezuelan crude oil production will have limited effects on the United States, as U.S. imports of Venezuelan crude oil have decreased over the last several

With U.S. policies aimed at weakening Venezuela’s oil sector, the country faces more uncertainty in its efforts to recover from years of economic hardship. The combination of

The declines in Venezuelan crude oil production will have limited effects on the United States, as U.S. imports of Venezuelan crude oil have decreased over the last several years. EIA

EIA expects Venezuela's crude oil production to continue decreasing in 2025, and declines may accelerate as sanctions-related deadlines pass. These deadlines include provisions that third

The declines in Venezuelan crude oil production will have limited effects on the United States, as U.S. imports of Venezuelan crude oil have decreased over the last several years. EIA

View live updates and historical trends for Venezuela Crude Oil Production. Track key economic indicators and market insights with interactive YCharts dat

The declines in Venezuelan crude oil production will have limited effects on the United States, as U.S. imports of Venezuelan crude oil have decreased over the last several years. EIA

Since Venezuela's extra-heavy crude oil is particularly difficult to refine, the state of the countrys oil producing capability makes recovery difficult. Part of the problem is Venezuela's infrastructure, which has been deteriorating