Venezuela's oil production recovery faces a steep climb. Energy analyst Rystad Energy projects that getting output back to around 3 million barrels per day would take roughly 15 years to achieve. Even with that extended timeline, the country wouldn't approach the production levels seen in the late 1990s until around 2040. This long-term energy forecast highlights the complex interplay between geopolitical factors, infrastructure investment needs, and global commodity cycles—factors that indirectly influence macroeconomic conditions and market sentiment across asset classes.
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rug_connoisseur
· 6h ago
It takes 15 years to recover to 3 million barrels per day? Venezuela's infrastructure is in such bad shape...
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AirdropF5Bro
· 01-08 19:43
It takes 15 years to recover to 3 million barrels per day? Venezuela is truly hopeless, it won't return to 1990s levels until 2040, hilarious...
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SerRugResistant
· 01-07 04:57
It takes 15 years to recover to 3 million barrels per day. How bad has Venezuela become?
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LuckyHashValue
· 01-07 04:57
It takes 15 years to recover to 3 million barrels? Venezuela's game is indeed a mess... With infrastructure collapsing like this, it's too difficult to turn things around.
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MechanicalMartel
· 01-07 04:41
It takes 15 years to recover to 3 million barrels per day? How bad is Venezuela... How much money needs to be spent on infrastructure to save it?
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HodlVeteran
· 01-07 04:40
Venezuela will take 15 years to restore oil and gas production... Buddy, isn't this the déjà vu of me being trapped in 2018? Long-term recovery is often synonymous with "indefinite delay."
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RugPullAlarm
· 01-07 04:39
Return to 3 million barrels in 15 years? Once the data is out, you should know this is a risky matter. With infrastructure in such poor condition, pouring money in—do they really think it's like printing US dollars?
Venezuela's oil production recovery faces a steep climb. Energy analyst Rystad Energy projects that getting output back to around 3 million barrels per day would take roughly 15 years to achieve. Even with that extended timeline, the country wouldn't approach the production levels seen in the late 1990s until around 2040. This long-term energy forecast highlights the complex interplay between geopolitical factors, infrastructure investment needs, and global commodity cycles—factors that indirectly influence macroeconomic conditions and market sentiment across asset classes.