Exclusive-Increased Orinoco Belt output boosts Venezuela's oil production to 1 million bpd, sources say
Yahoo Finance·2026-02-09 16:36

By Marianna Parraga Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at ​its own oilfields and joint ventures in the country's main crude ‌region, the Orinoco Belt, boosting the nation's total production close to 1 million barrels per ‌day (bpd), sources close to operations said. The OPEC country had to cut back crude output, its main source of revenue, following an oil blockade in December imposed by Washington to pressure President Nicolas Madu ...