Baker Hughes CEO Says Venezuela Oil Output To Grow Incrementally

Venezuela can lift oil output incrementally in the near term, but sweeping changes are needed to significantly revive the country’s production, according to the boss of one of the world’s...

By Mitchell Ferman · Bloomberg Markets

Venezuela can lift oil output incrementally in the near term, but sweeping changes are needed to significantly revive the country’s production, according to the boss of one of the world’s oilfield services giants.