Venezuela's oil production has plummeted in the past decade, dipping to around 85 thousand barrels per day in 2023. This represents around than one fourth of the country's production in 2010. Venezuela is amongst the countries with the largest oil reserves worldwide.
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Everything on "Oil industry in Venezuela" in one document: edited and divided into chapters, including detailed references.
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Overview
Foreign trade
Reserves and production
Refining
Consumption
Further related statistics
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Basic Account
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The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
