Venezuela's oil outlook is modest despite tailwinds

Higher prices, sanctions evasion and Iranian help boosted Venezuelan oil output and exports in 2021

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In this article

  • Some recovery in 2021
  • Opportunities and challenges for 2022-23

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This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.