Venezuela oil output plummets to lowest level in more than 70 years

Opec nation continues to be hammered by US economic sanctions and reserves mismanagement

Production down: Venezuelan President Nicolas Maduro — Production down: Venezuelan President Nicolas MaduroPhoto: AFP/SCANPIX

Fabio Palmigiani

Rio de Janeiro

Published 14 January 2021, 16:31Updated 20 January 2021, 09:37

Venezuela PDVSA Nicolas Maduro Guyana Opec