Venezuela Oil Exports Hit 1 Million Barrels a Day  in Post-Maduro Era

Venezuela’s crude exports rose for a third month, surpassing 1 million barrels a day in April and highlighting a swift rebound less than six months after the ouster of strongman Nicolas Maduro.

Shipments have been recovering at a fast pace since the US moved to control the country’s oil sales earlier this year. April exports soared to 1.16 million barrels a day, a seven-year high and doubling levels seen at the end of last year, according to shipping reports and vessel movements tracked by Bloomberg.