The Daily Journal — Venezuela earned $5.491 billion from oil exports during the first quarter of the year, according to figures that the Central Bank of Venezuela (BCV) released on Monday.
The amount represents a 21% increase over the same period in 2025, when the country received $4.518 billion.
Higher crude oil sales drove revenue growth amid a broader environment of legal reforms and greater openness to new investments. The United States directly encouraged those changes after authorities detained Nicolás Maduro during a military operation last January.
Earlier this month, reports showed that Venezuela had increased its oil exports to approximately 1.25 million barrels per day (bpd) in May. Stronger shipments to the United States, India, and Europe fueled the growth. The figure also represented the country’s highest crude export level in seven years.
