Venezuela Oil Output Tops 1.2 Million Barrels Per Day Amid Economic Recovery

Venezuela's oil production has exceeded 1.23 million barrels per day, its highest operational level since February 2019, according to acting President Delcy Rodríguez.

Delcy Rodríguez highlighted Venezuela's rising oil production and narrowing currency gap. The country's daily oil output is now above its pre-2019 levels, a significant milestone for the nation's economy.

The government has signed 50 strategic agreements with international and private investors in the oil and gas sectors. These agreements include plans to establish over 76 hydrocarbon production zones across the country.