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Event Brief

Venezuela Oil Production Tops One Million Barrels Again

Venezuela's oil production surged to 1.021 million bpd in February, marking a significant increase from January.
WHO: Venezuela
WHAT: Oil production increase
WHEN: Mar 12, 2026 at 9:02 AM ET
WHERE: Venezuela
WHY: Following a reform of the Organic Hydrocarbons Law
Sources (1): Rio Times

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