PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 12.Aug.2025, Words: 133) — Venezuela boasted an 1.4% increase in its monthly oil production, according to the most recent data it presented to the Organization of the Petroleum Exporting Countries (OPEC).

According to data submitted by Venezuela to OPEC based on direct communication, the South American country reportedly produced 1,084 thousand barrels per day (Mb/d) in Jul. 2025, up 15,000 Mb/d from 1,069 Mb/d in Jun. 2025.