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RE: Crashdown Oil Prices - Venezuela's Oil Economy

in Project HOPE6 years ago

And the worst thing is that it only produces an average of 700 thousand barrels of oil and 70% of that production is sold at a discount of 30% of the market value and at 90 days. You can imagine what can happen in 90 days.

Life in Venezuela is not easy.

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 6 years ago  

... and it will get worse.