Venezuela Update from IEA

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"Venezuela is one of the very important oil producing countries and Venezuelan oil production in less than two years has dropped from 2.4 million barrels per day to 1.2 million barrels per day. We have never ever seen a country’s oil production decline so much in so short a time and we expect very soon this could go below 1 million barrels per day because there is almost no activity and almost free fall." - IEA

https://economictimes.indiatimes.com/ma ... 214737.cms