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The Venezuelan Oil Deal- Shades of Conrad’s Nostromo
The Venezuelan Oil Deal- Shades of Conrad’s Nostromo The “deal” could lift Venezuelan oil output from 1.25mn bpd to 3mn bpd within five years, requiring about US$100bn of investment. Bigger numbers will be advertised. This is the plausible case. That would add roughly 1-2% to glo…
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