US worried about falling output

The US government is concerned about falling crude oil supplies from Opec member Venezuela, a senior US government official said.

Declining oil output from Venezuela since 2001 “is a concern to world oil markets and has not been helpful to world oil consumers, particularly developing countries in our own hemisphere,” the official told Reuters on condition of anonymity.
Venezuelan oil production has fallen to about 2.6 million barrels per day (bpd) versus 3.1 million bpd in 2001, according to the US Energy Information Administration.

Gulf News