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HomeNewsVenezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge

Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge

By brkuser_54862

January 13, 2026

5

An oil refinery in Venezuela in 2020. Despite its massive oil reserves, Venezuela produces about 1 percent of the world’s oil.

Source: Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge

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