Average crude output by Venezuela’s state-owned PDVSA and its foreign partners in January rose to 520,000 b/d, or 100,000 b/d more than December, according to daily production reports reviewed by S&P Global Platts. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Also, the preliminary average of Venezuelan crude oil production in January stood higher than PDVSA’s planned volume for the month, which was 461,000 b/d according to previous reports. According to the reports, average production of PDVSA and partners in the Orinoco Belt rose to 290,000 b/d or 70,000 b/d more than reported volume in December, due to a plan to accelerate the repair of wells shut down due […]