Venezuela Oil Output to Plunge by Year-End, U.S. Envoy Predicts
An employee stands at an out of service Petroleos de Venezuela SA (PDVSA) gas station in Caracas, Venezuela. (Photographer: Carlos Becerra/Bloomberg)

Venezuela Oil Output to Plunge by Year-End, U.S. Envoy Predicts

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(Bloomberg) -- The U.S. envoy for Venezuela forecast that Venezuela’s oil output would drop to 500,000 barrels a day by the end of the year if President Nicolas Maduro is able to cling to office, a...
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