Goldman Says Venezuela Oil Output May Rise in the Long Term


Venezuela holds the world’s largest proven oil reserves and, at its peak in the mid-2000s, it produced about 3 million barrels a day, according to Goldman. Last November, output was seen at 930,000 barrels a day, and it may have declined further since then after reports of shut-ins, the bank said.



Source link

  • Related Posts

    Turkey Weighs Raising Energy Prices as Iran War Rattles Markets

    (Bloomberg) — Turkey is weighing whether to raise electricity and natural gas prices, according to people familiar with the matter, as surging global energy costs risk increasing the burden of…

    What now? Investors talk strategy after Trump offers no indication of Iran cooldown

    Stay invested — but start lowering your expectations for stock performance this year Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    All the Canadian Politics!

    Turkey Weighs Raising Energy Prices as Iran War Rattles Markets

    ‘Young people want to come together’: experts respond to mass teen meet-ups in Clapham | Young people

    ‘Young people want to come together’: experts respond to mass teen meet-ups in Clapham | Young people

    The final days of the Tesla Model X and S are here. All bets are on the Cybercab.

    The final days of the Tesla Model X and S are here. All bets are on the Cybercab.

    FEMA Official Says He Teleported to Waffle House. Experts Are Dubious.

    FSU basketball offseason thread: Tracking departures, pickups and returning players

    FSU basketball offseason thread: Tracking departures, pickups and returning players