August 2, 2024

Venezuela Sells, But Who’s Buying?

Retrieved

Baker Hughes’ data indicates that Venezuela did not have a single oil rig in operation during June – unprecedented in the country’s 100+ years of oil history. Production reached 570 thousand barrels per day (kb/d) in May, the lowest level since the 1940s; preliminary reports for June indicate an even lower figure: 280 kb/d.  By Igor Hernández and José La Rosa. Full Text-> Forbes

Translation/ Traducción