Venezuela’s flailing oil industry has helped prop up global energy
prices even as Saudi Arabia and Russia open the spigots and global oil
demand remains robust. Though oil prices have recovered from their lows
during the price collapse in 2015, Venezuelan output has since seen an
incredible decline of 1 million barrels per day. The drop in oil
production is further squeezing the Venezuelan economy, which faces
critical shortages of goods and ballooning inflation that is expected to
reach an astounding 1 million percent this year....
EN:
No comments:
Post a Comment