VENEZUELA - RUSSIA OIL: $17 BLN
PLATTS - Russia will invest $5 billion to raise Venezuela's oil production by 1 million b/d under a new economic agreement, Venezuelan President Nicolas Maduro said Thursday.
"We have signed contracts to guarantee investments of more than $5 billion with our Russian partners in joint ventures to raise oil production," Maduro said on Venezuelan state TV channel VTV.
Venezuela pumped 1.18 million b/d in October, according to the latest S&P Global Platts OPEC production…
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