“You have a government that got almost $100 billion from oil, and now only gets $1 billion,” said Latin American Energy fellow Francisco Monaldi of the steep discounts Venezuela has had to accept when selling or bartering its remaining crude production. “I expect production to continue to fall, but it could go up when enforcement of sanctions isn’t as tough.” Read more at Bloomberg.
Sep 21 2020 | Center for Energy Studies
Rachel A. Meidl
Sep 18 2020 | Center for Energy Studies