By March 2026, two months after the White House took control of Venezuela's interim government, OPEC data shows production had climbed to 988,000 barrels per day. This is a notable 8.7% increase over February 2026 and is an impressive 8.5% higher compared to the same period a year earlier. Caracas' recent regulatory reforms, which make it easier and more secure for foreign oil companies to invest in Venezuela, will drive higher production. Chevron, which holds interests in the Petroindependencia and Petropi ...