↩ Accueil

Vue lecture

Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out.

© Adriana Loureiro Fernandez for The New York Times

An oil refinery in Venezuela in 2020. Despite its massive oil reserves, Venezuela produces about 1 percent of the world’s oil.
  •  
❌