Venezuela's oil production plunges to 13-year low

Coca-Cola halts production in Venezuela

Crisis-stricken Venezuela has another big problem: its oil production has plunged to alarmingly-low levels.

At a time when most OPEC countries are ramping up oil output, Venezuela produced just 2.15 million barrels of crude oil per day in June, according to S&P Global Platts estimates. That’s the weakest pace since February 2003, Platts said.

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