Venezuela's oil exports went up in February, reaching their highest level since November! This is important because the US is ending a deal that let Chevron, a big oil company, get Venezuelan oil. This happened even though Venezuela's oil sales to the US were a large part of the country's total exports.
- The US is stopping Chevron from getting oil from Venezuela.
- Venezuela sent most of its oil to China.
- The US got some Venezuelan oil too, but less than before.
Country | Barrels of Oil (approx.) |
---|---|
China | 503,000 |
USA | 239,000 |
Europe | 69,200 |
India | 68,000 |
Cuba | 42,000 |