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Venezuela’s Oil Output Can Grow 30%-40% This Year, US Says

February 18, 2026 at 01:53 PM
By Grant Smith, Nayla Razzouk
Venezuela’s Oil Output Can Grow 30%-40% This Year, US Says
Venezuela can bolster oil production by 30% to 40% this year, an increase of roughly 300,000 to 400,000 barrels a day, according to US Energy Secretary Chris Wright.

Analysis & Context

Venezuela can bolster oil production by 30% to 40% this year, an increase of roughly 300,000 to 400,000 barrels a day, according to US Energy Secretary Chris Wright. Venezuela’s Oil Output Can Grow 30%-40% This Year, US Says. Stay informed with the latest developments and expert analysis on this important story.

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