OPEC: Venezuela's oil output drops 2.42%
Production in August stood at 2.77 million barrels per day
In its monthly report, OPEC states Venezuelan oil output in August averaged 2.77 million barrels per day, descending 2.42% with respect to a year earlier when output hit 2.84 million barrels.
Compared to July this year, oil output increased 0.69% to 19,000 barrels per day.
In August 2013, Venezuela made up 8.63% of OPEC total output, a slight fall as against August 2012.
Translated by Jhean Cabrera
At the recent UN climate summit President Nicolás Maduro gave a speech on global warming highlighting the fact that "Capitalism has ignored over decades nature's capacity to load and recover," and, accordingly, "if we want to change climate, we need to change the system."