Venezuela oil production has reached 1.1 million barrels per day in March

Venezuela’s oil production has climbed to about 1.1 million barrels per day in March, up from roughly 942,000 bpd in January, according to figures from state oil company PDVSA presented by acting President Delcy Rodríguez.

March 26, 2026

Reuters

Venezuela oil production has reached 1.1 million barrels per day in March

FILE PHOTO: A man on a motorcycle transports water bottles past pumpjacks, beside deteriorating oil infrastructure on the shores of Lake Maracaibo, where years of neglect have left rusted pipelines and oil slicks amid concerns raised by fishermen and locals that new private investment in Venezuelan state oil company PDVSA could further harm the fragile ecosystem, in Cabimas, Venezuela, January 26, 2026.

Leonardo Fernandez Viloria/Reuters

Venezuela's oil production, including condensate and gas liquids, has reached 1.1 mln barrels per day in March, a government presentation citing figures from state oil company PDVSA showed on Wednesday.

The figure was an increase from January, when production was 942,000 bpd, the presentation, shared by acting President Delcy Rodriguez during a virtual appearance at a conference in Miami, showed.

-Reuters

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