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US energy chief says Venezuela oil output to more than double in next few years

US Energy Secretary Chris Wright said oil deals expected to be signed in Caracas could more than double Venezuela’s crude production within the next f...

US energy chief says Venezuela oil output to more than double in next few years
Source: Economic Times - Banking & Finance

US Energy Secretary Chris Wright said oil deals expected to be signed in Caracas could more than double Venezuela’s crude production within the next few years. Visiting Venezuela for the second time since Nicolas Maduro’s capture in January, Wright also said US gasoline prices should decline as refining capacity and regulations improve.

SOURCE: Economic Times - Banking & Finance
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