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
Hundreds of thousands of demonstrators took to the streets of Brazil on March 13 to demand the ouster of embattled President Dilma Rousseff, carrying banners expressing anger at bribery scandals and economic woes. A banner read "We don't want a new Venezuela in Brazil."