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Hard night in different cities of Venezuela, with looting, protests and repression

Wednesday, January 18, 2017

Venezuela's Quagmire: Oil Production Set To Decline Further


Venezuela's state energy company (PDVSA) recently projected that oil production will continue to stay at 23-year lows for 2017. We believe Venezuela's oil production will actually continue falling in the new year given credit constraints. Let's explore the reasons:… .More…

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