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    Home > Chemicals Industry > Chemical Technology > Venezuelan crude exports averaged $49.89 a barrel this week

    Venezuelan crude exports averaged $49.89 a barrel this week

    • Last Update: 2022-11-19
    • Source: Internet
    • Author: User
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    On July 17, Venezuela's Ministry of Petroleum and Minerals released data that the average price of the country's crude oil exports in Northern Zhou was $49.
    89 per barrel
    .

    The average price of Venezuelan crude oil exports has fallen for the past seven consecutive weeks, falling from an average of $56.
    73 per barrel in the first week of June to $
    49.
    89 per barrel this week.
    Venezuela is the world's fifth-largest oil exporter, exporting about
    2.
    4 million barrels of crude oil per day.

    Affected by the fluctuation of international oil prices, since the beginning of this year, the average price of Venezuelan crude oil exports per barrel is only 49.
    84 US dollars
    .
    In June last year, Venezuelan crude oil exports averaged $100 per barrel
    .

    The sharp drop in international oil prices has brought serious difficulties
    to the Venezuelan economy.
    96% of Venezuela's foreign exchange earnings come from crude oil exports
    .
    In January this year, when international oil prices fell to $40 per barrel, Venezuelan President Maduro visited Iran, Saudi Arabia, Qatar, Algeria and Russia, hoping to promote the world's major crude oil exporters to reach a consensus
    on reducing production and guaranteeing prices.



     


    On July 17, Venezuela's Ministry of Petroleum and Minerals released data that the average price of the country's crude oil exports in Northern Zhou was $49.
    89 per barrel
    .

    crude

    The average price of Venezuelan crude oil exports has fallen for the past seven consecutive weeks, falling from an average of $56.
    73 per barrel in the first week of June to $
    49.
    89 per barrel this week.
    Venezuela is the world's fifth-largest oil exporter, exporting about
    2.
    4 million barrels of crude oil per day.

    Affected by the fluctuation of international oil prices, since the beginning of this year, the average price of Venezuelan crude oil exports per barrel is only 49.
    84 US dollars
    .
    In June last year, Venezuelan crude oil exports averaged $100 per barrel
    .

    The sharp drop in international oil prices has brought serious difficulties
    to the Venezuelan economy.
    96% of Venezuela's foreign exchange earnings come from crude oil exports
    .
    In January this year, when international oil prices fell to $40 per barrel, Venezuelan President Maduro visited Iran, Saudi Arabia, Qatar, Algeria and Russia, hoping to promote the world's major crude oil exporters to reach a consensus
    on reducing production and guaranteeing prices.



     


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