Venezuela prepares to increase oil production with Iranian help – OilPrice.com
Venezuela is preparing to increase its crude oil production using diluents imported from Iran, Reuters reports, citing anonymous sources and company documents. State-owned oil company PDVSA produced just 336,000 bpd of crude last month, company documents showed, down from nearly triple the previous year, as US sanctions and the long-term deterioration of industry suffocated him. […]
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