Oil Production in Venezuela Shows Slight Recovery

Venezuela's oil production in November showed an increase of more than 20 percent over the previous month.

RIO DE JANEIRO, BRAZIL - The growth is reflected in the monthly figures of the Organization of Petroleum Exporting Countries (OPEC). This is the highest figure since the tightening of US sanctions against the Venezuelan state oil company PDVSA in August this year.

This month, the US government threatened foreign companies with sanctions should they continue to cooperate with PDVSA.

As early as January, Washington began taking action against the South . . .

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