Wright tells oil executives that Venezuela's output can rise 30%
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U.S. Energy Secretary Chris Wright informed oil executives that Venezuela's oil output could increase by 30% from its current level of 900,000 barrels per day in the short- to medium-term. This increase is a priority for U.S. President Donald Trump following the recent seizure of Venezuelan leader Nicolas Maduro. The meeting occurred during the World Economic Forum in Davos, Switzerland.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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