Venezuela Energy Overview: Price and Production Cost
Venezuela Oil: Export Basket Price
Oil: Export Basket Price data was reported at 35.150 USD/Barrel in 2016. This records a decrease from the previous number of 44.650 USD/Barrel for 2015. Oil: Export Basket Price data is updated yearly, averaging 44.650 USD/Barrel from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 103.420 USD/Barrel in 2012 and a record low of 9.370 USD/Barrel in 1998. Oil: Export Basket Price data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB011: Energy Overview: Price and Production Cost.
| Last | Frequency | Range |
|---|---|---|
| 35.15 2016 | yearly | 1996 - 2016 |
View Venezuela's Venezuela Oil: Export Basket Price from 1996 to 2016 in the chart:
Venezuela Production Cost
Production Cost data was reported at 7.650 USD/BOE in 2016. This records a decrease from the previous number of 10.680 USD/BOE for 2015. Production Cost data is updated yearly, averaging 4.340 USD/BOE from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 18.050 USD/BOE in 2014 and a record low of 0.930 USD/BOE in 2005. Production Cost data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB011: Energy Overview: Price and Production Cost.
| Last | Frequency | Range |
|---|---|---|
| 7.65 2016 | yearly | 1996 - 2016 |
View Venezuela's Venezuela Production Cost from 1996 to 2016 in the chart:
Venezuela Production Cost: Exclude Operating Agreements
Production Cost: Exclude Operating Agreements data was reported at 7.180 USD/BOE in 2016. This records an increase from the previous number of 3.930 USD/BOE for 2015. Production Cost: Exclude Operating Agreements data is updated yearly, averaging 3.930 USD/BOE from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 15.100 USD/BOE in 2014 and a record low of 1.380 USD/BOE in 1996. Production Cost: Exclude Operating Agreements data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB011: Energy Overview: Price and Production Cost.
| Last | Frequency | Range |
|---|---|---|
| 7.18 2016 | yearly | 1996 - 2016 |