By Kaieteur News
A staggering US$15B in oil was exported from Guyana during the first months of 2026, 40% more when compared with the same period last year.
The Bank of Guyana half year report for 2026 states, “Crude oil export earnings amounted to US$15,053.7 million, US$6,787.6 million higher than the same period one year ago.”
Central Bank pointed out that the increase earnings were as a result of more oil leaving the country and higher prices during the period.
Kaieteur News understands that 162.4 million barrels of oil were exported during the first six months of the year, compared with 116.1 million barrels one year ago – a 40% increase.
Meanwhile, BoG reported, “The average export price received for crude oil also increased by 30.1 per cent or US$21.45 to US$92.68 per barrel from US$71.23 per barrel one year ago.”
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