Venezuela Is Boosting Oil Exports Even as Production Plummets
A motorcyclist pays for gas with a U.S. five dollar bill at a Petroleos de Venezuela SA (PDVSA) gas station in Caracas, Venezuela. (Photographer: Carlos Becerra/Bloomberg)

Venezuela Is Boosting Oil Exports Even as Production Plummets

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(Bloomberg) -- Venezuela’s long-suffering oil industry is ramping up exports even as production continues its inexorable slide.
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