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U.S. Energy Chief Says Venezuela Could Boost Output by “Several Hundred Thousand Bpd by Year‑End”

Business & Policy
February 17, 2026

U.S. energy secretary Chris Wright said on Tuesday that Venezuela could add “several hundred thousand barrels per day” to oil production by year-end.“I think you’ll see several 100,000 barrels a day of additional production by the end of this year,” Wright said speaking at a conference in Paris.

(Reporting by Kate Abnet, Forrest Crellin, Writing by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten)

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