The World’s Largest Oil Reserves Are Opening Their Data to SLB. Should Investors Trust Venezuela to Pay?
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Venezuela sits on the world’s largest proven crude reserves, and SLB has reportedly secured access to the reservoir and production data PDVSA needs to revive them.
Schlumberger (NYSE:SLB) closed Wednesday at $53.60, up 41.18% year to date, on optimism about an international upcycle that extends well beyond Venezuela.
The story of Venezuela
Venezuela sits on the world’s largest proven crude reserves, and SLB has reportedly secured access to the reservoir and production data PDVSA needs to revive them.
Schlumberger (NYSE:SLB) closed Wednesday at $53.60, up 41.18% year to date, on optimism about an international upcycle that extends well beyond Venezuela.
The story of Venezuela
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