Venezuela’s Crude Exports Double in February Under US Oversight

A crude oil tanker waits to be loaded with crude oil at Lake Maracaibo in Maracaibo, Zulia State, Venezuela.Photographer: Federico Parra/AFP/Getty Images

Venezuela sharply increased its oil exports in February, sending roughly twice as many barrels abroad compared with the previous month, when the Trump administration first exerted control of the country’s crude sales.

Daily February exports, measured by vessel loadings, rose to a five-month high of 788,000 barrels, according to shipping reports and data from maritime intelligence firm Kpler Ltd. In January, the figure was about 383,000.