Venezuelan
oil
production
fell
slightly
to 2.44
M
barrels/
day
in
March
from
February'
s 2.46
M,
the
IEA
says
in
its
monthly
report.
That as the agency expects the
OPEC nation's production capacity to rest at 2.53M both this quarter and 3Q.
Data
from the IEA and OPEC are frequently at odds with the Venezuelan government,
which claims its current production is closer to 3M b/d amid a move to get it
to 3.5M by year's end. Boosting production is among President Hugo Chavez's top
pledges ahead of his October re-election bid.