PoliticsJuly 16 at 04:22 PM

Venezuela oil production to reach 1.4mln BPD by year-end

StockNow breaking-news AI analysis

Venezuela targets 1.4M BPD oil production by year-end 2026, supported by US sanction relief and a new 30% royalty cap, though infrastructure decay poses a 1.2M BPD realistic ceiling.

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