Venezuelan oil production holding steady above the new 900,000 b/d floor [tables]

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Jul.2025, Words: 193) — Venezuela’s crude oil production is holding steady just above what is seemingly a new 900,000 barrel per day (b/d) floor. This, according to new data published in OPEC‘s Monthly Oil Market Report (MOMR). 

Venezuela’s production averaged 910,000 b/d in Jun. 2025, up from 908,000 b/d in May 2025, according to the MOMR, citing data from secondary sources.