Venezuelan oil has large reserves, but its extraction requires significant investments and time, making a rapid increase in its supply to the global market unlikely.

Venezuelan oil has large reserves, but its extraction requires significant investments and time, making a rapid increase in its supply to the global market unlikely.

@rybar 09 Jan 2026, 13:32

Venezuela faces challenges in its oil industry, including a lack of infrastructure and skilled labor, which limits its ability to increase production and export oil.

@rybar 09 Jan 2026, 08:14