First Squawk(@FirstSquawk):VENEZUELA’S OIL OUTPUT REMAINS AROUND 1.2 MLN BPD, FAR BELOW ITS PEAK OF ABOUT 3 MLN, WITH ACTING PRESIDENT DELCY RODRIGUEZ EXPECTING NEARLY $76 BLN IN OIL AND GAS INVESTMENT OVER FIVE YEARS, THOUGH EXECUTIVES SAY MEANINGFUL PRODUCTION GAINS MAY TAKE UNTIL 2028

First Squawk

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First Squawk@FirstSquawk

2026.11.04 00:29

VENEZUELA’S OIL OUTPUT REMAINS AROUND 1.2 MLN BPD, FAR BELOW ITS PEAK OF ABOUT 3 MLN, WITH ACTING PRESIDENT DELCY RODRIGUEZ EXPECTING NEARLY $76 BLN IN OIL AND GAS INVESTMENT OVER FIVE YEARS, THOUGH EXECUTIVES SAY MEANINGFUL PRODUCTION GAINS MAY TAKE UNTIL 2028