Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years, as the U.S. continued to step up sanctions against Nicolas Maduro’s regime and anyone found dealing with it, Reuters reported on Monday, citing data from Refinitiv Eikon and internal documents from state oil firm PDVSA.
Last year, Venezuela’s oil exports plunged by 37.5 percent, reaching just 626,534 barrels per day (bpd), the lowest level since the early 1940s, according to the data. In 2019, exports of crude oil and refined…Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years
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