Venezuela: How Low can it go?

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Venezuela’s loss of production volumes was the largest global unplanned fall in crude oil output in 2017, a trend that has continued to intensify into 2018 and has the potential to get significantly worse in the coming months.

Conclusion: "The uncertainties regarding the outlook for Venezuelan oil production are considerable; however, the factors all point in one direction—further declines are inevitable."

Full Report: https://www.csis.org/analysis/how-low-c ... duction-go