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Venezuela's Oil Exports Plummet Amid Earthquake Delays

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Oil
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Venezuela's oil exports declined to 1.2 million barrels per day in June, according to data based on tanker monitoring and company documents.

The slight drop from May's 1.24 million bpd was attributed to minor delays at terminals operated by state-run energy company PDVSA due to two deadly earthquakes.

Shipments to the United States rose to 630,000 bpd, while exports to India fell to 277,000 bpd.

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