Venezuela's October Oil Exports Hold Steady at 1.08 Million BPD as European Shipments Rise

03 Nov 2026 14:45Energy
  • Venezuela's total oil exports remained largely unchanged at 1.08 million barrels per day in October
  • Venezuelan oil exports to Europe increased to approximately 235,000 BPD
  • Venezuelan oil exports to the US declined to 449,000 BPD
  • Chevron's exports of Venezuelan crude rose to approximately 303,000 BPD, while traders exported 506,000 BPD