Oil tankers are seen at daybreak at the Bajo Grande Terminal located on the western shore of Lake Maracaibo, south of the city of Maracaibo, Venezuela August 23, 2005. Raquel Chavez JS/KS
Oil tankers are seen at daybreak at the Bajo Grande Terminal located on the western shore of Lake Maracaibo, south of the city of Maracaibo, Venezuela August 23, 2005. Raquel Chavez JS/KS

About half of Venezuela oil output now goes to US, Under Secretary Haustveit says

August 18th, 2026 | 20:27 PM BUSINESS Energy 1

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By Marianna Parraga

U.S. Energy Under Secretary Kyle Haustveit said on Tuesday that about half of Venezuela's oil output is now ​being exported to the U.S.

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