Venezuela Increases Oil Production in June, OPEC Monthly Report (+PDVSA)

Caracas (OrinocoTribune.com)—Venezuela’s oil production has risen in June, According to both primary and secondary sources from the Organization of the Petroleum Exporting Countries (OPEC), Venezuela’s oil production has risen in June, despite the continuation of illegal sanctions from the US empire and its colonial allies.

Data provided by Petróleos de Venezuela (PDVSA) shows that crude oil production reached 1,069,000 barrels per day (bpd), a 0.28% increase from May’s 1,066,000 bpd. However, OPEC’s secondary sources—compiling independent estimates—reported a 0.22% increase, from 908,000 to 910,000 bpd.

This is a common occurrence for illegally sanctioned countries, as it forces affected nations to deploy shadow logistics for oil delivery. Yet, both sources agree on the main principle: Venezuelan output increased in June.

On May 27, the US entity tightened its siege by revoking Chevron’s US Office of Foreign Assets Control (OFAC) license to operate in Venezuela. Far-right analysts predicted export declines; others insisted Venezuela would maintain output and redirect exports to Asia.

🔺RUMBO A 1.100.000 BARRILES DIARIOS ..-> Reporte OPEP :
Producción petrolera de
Venezuela en junio 2025 ..
– Según Fuente Directa
1.069.000 bd (+3.000 bd) pic.twitter.com/TAPgMqcxTv
— Mercados y Acciones (@mercadosyaccion) July 15, 2025

Venezuela’s first semester performance
Official figures confirm Venezuelan crude production exceeded 1,000,000 bpd during 2025’s first six months—an 18% year-on-year increase from the 884,000 bpd average in the same 2024 period.

Far-right pro-US imperialism circles are now wondering whether Venezuela can sustain production above one million bpd in the year’s second half. This level was regained in January 2025 after nearly six years of criminal sanctions from the US empire.

The gravest threat to Venezuelan oil remains the US colony’s blockade. This year’s revocation of General License 41 (which authorized Chevron’s 200,000 bpd operations) and expired OFAC authorization letters for European companies—plus looming gas-project sanctions—have created critical risks, which Venezuelan authorities assert can be overcome using hard-won expertise from years of resisting US imperial aggression.

Special for Orinoco Tribune by staff

OT/JRE/AU