{"id":380327,"date":"2026-04-03T17:47:12","date_gmt":"2026-04-03T17:47:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/380327\/"},"modified":"2026-04-03T17:47:12","modified_gmt":"2026-04-03T17:47:12","slug":"venezuelas-march-oil-exports-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/380327\/","title":{"rendered":"Venezuela\u2019s March oil exports boom"},"content":{"rendered":"<p>Venezuela\u2019s oil exports in March <a href=\"https:\/\/www.reuters.com\/business\/energy\/venezuelas-oil-exports-surpassed-1-million-bpd-first-6-months-shipping-data-2026-04-01\/\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">surpassed one million barrels per day<\/a> for the first time in months, as US efforts to bolster the sector took hold, although democratic reforms appear far off. <\/p>\n<p>Washington pressured Caracas to liberalize the industry \u2014 which contributes <a href=\"https:\/\/www.cgdev.org\/blog\/barreling-blindly-ahead-seizure-venezuelas-oil\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">around half its tax intake and a fifth of GDP<\/a> \u2014 drawing interest from <a href=\"https:\/\/www.reuters.com\/business\/energy\/shell-advanced-talks-with-venezuela-more-gas-areas-sources-say-2026-04-01\/\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">some of the world\u2019s biggest producers<\/a>. The US has <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-18\/venezuela-oil-exports-to-us-double-on-easing-trade-restrictions\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">relaxed its investment and trade restrictions<\/a> with Venezuela as well, boosting business sentiment there. <\/p>\n<p>Still, Venezuelans who were hoping for a rapid transition to democracy after decades of authoritarian rule may have to wait longer: Some local businessmen were <a href=\"https:\/\/www.economist.com\/the-americas\/2026\/03\/30\/the-venezuela-donald-trump-runs-is-a-land-of-surreal-contrasts\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">skeptical about pushing for elections too soon<\/a> as the country regains some stability, The Economist reported.<\/p>\n","protected":false},"excerpt":{"rendered":"Venezuela\u2019s oil exports in March surpassed one million barrels per day for the first time in months, as&hellip;\n","protected":false},"author":2,"featured_media":380328,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-380327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/380327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=380327"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/380327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/380328"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=380327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=380327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=380327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}