Reuters | Venezuela Oil Production Hits Its Lowest Level Since 1988 Seeking Alpha Venezuela's oil production will decline. This is a given and no longer a contrarian viewpoint. But looking at all the sell-side models, along with IEA's estimates, Venezuela's oil production is expected to exit 2018 year-end right around the ~1.5 to ~1 ... Oil prices edge up on weak dollar ahead of US inventory data Opec says hedge funds lack 'basic understanding' of oil Oil edges up to score a third-straight session climb |