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U.S. energy chief says Venezuela could boost output by “several hundred thousand bpd by year‑end”

February 17, 2026 10:09 AM
Reuters


U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add “several hundred thousand barrels per day” to oil production by year-end.

“I think you’ll see several 100,000 barrels a day of additional production by the end of this year,” Wright said speaking at a conference in Paris.

(Reporting by Kate Abnet, Forrest Crellin, Writing by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten)

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