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This Week in Commodities: Inside Look at Venezuela's Oil Belt
This Week in Commodities
Inside Look at Venezuela's Oil Belt
Five decades ago, Venezuela pumped 3.7 million barrels of oil a day. Now, it’s only producing a little over 700,000 barrels a day. Bloomberg’s Jessica Summers and Lucia Kassai discuss the collapse of the nation’s oil industry, the theft that goes on at Orinoco field, the lack of security and what it will take for a recovery.
Oct 04, 2019