Cuba, Venezuela and Iran Oil Problems Under US Sanctions
Iran dropped 154,000 bpd to 2.554 million bpd in April. Iraq dropped 113,000 bpd to 4.63 million bpd. Saudi Arabia had 45,000 bpd less oil in April at 9.742 million bpd. Venezuela had a slight increase of 28,000 bpd to 768,000 bpd in April. In 2018, Venezuela averaged was 1.34 million bpd.