No. 56



Venezuela's Oil Output Is Running At 3Mn B/D, Says Finance Minister

Venezuela's oil output is currently running at its full capacity level of around 3mn b/d, according to Venezuelan Finance Minister Luis Raul Matos Azocar. "We're producing at top capacity at the moment. It's three million barrels per day," Mr. Matos was quoted by Reuters as telling reporters after an address to the Bank of England in London on 17 October. He noted that, aided by...