Analysts warn US bid to revive Venezuelan oil industry faces 'major constraints'

James Murray
clock • 4 min read
Analysts warn US bid to revive Venezuelan oil industry faces 'major constraints'

BloombergNEF predicts moves to boost Venezuelan oil exports will have minimal impact on oil prices in the near term and would require billions of dollars of investment

The US government's controversial plans to take control of Venezuelan oil revenues and boost production from the world's largest oil reserves face significant hurdles and 'major constraints', according...

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