Venezuela’s oil production drops to lowest level in more than 70 years – Upstream Online

Venezuela’s oil production drops to lowest level in more than 70 years – Upstream Online

Venezuela’s oil production fell by nearly half last year to its lowest level since the 1940s, as the South American nation feels the effects of years of political uncertainty and chronic mismanagement of its reserves giant. According to the latest Opec monthly bulletin released on Thursday, Venezuela produced 557,000 barrels of oil per day on […]
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