Venezuela hits roadblock in exporting more oil, as ports can't keep up with demand - report

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Venezuela hits roadblock in exporting more oil, as ports can't keep up with demand - report

Aug 22, 2026, 9:07 PM ETChevron Corporation (CVX) StockBy : Carl Surran, SA News Editor

Venezuela's aging oil port terminals are essentially imposing export caps on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of infrastructure in disrepair, power outages, and quality issues, Reuters reported this week, citing shipping data, sources, and ​documents.

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