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Venezuela is opening up to foreign investment in its oil industry, President Nicolas Maduro said this week, in a bid to reverse a catastrophic drop in its output under the weight of U.S. sanctions. Jorge Jraissati reported for Anadolu Agency this week that Maduro said in its annual accountability speech that Venezuela will aim to pump 1.5 million barrels of oil daily, which will need help from foreign partners. By Charles Kennedy. Full Text-> OilPrice
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