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Venezuelan Crude Output Increases March: Industry Observers

OIL

Venezuelan oil production rose in March according to a number of industry observers.

  • Caracas-based consultant Gas Energy reports March production totaled about 770,000 b/d, based on its analysis of data from state-run PdV - up from the 719,600 b/d Gas Energy reported for February.
  • The Venezuelan Oil Chamber put total March production in Venezuela at 785,000 b/d.

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