(Energy Analytics Institute, Jared Yamin, 16.Jun.2016) – Venezuela has to learn to live with oil prices between $40 per barrel and $45 per barrel in order to stop its oil rentier model, announced Venezuela’s President Nicolas Maduro during a broadcast on national television from Miraflores Presidential Palace in Caracas.
Venezuela should learn to generate new sources of wealth via exports, said Maduro.
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