Local PressCredibleJuly 9, 2026
VTV Touts PDVSA Production Gains as Banca y Negocios and El Estimulo Question Fiscal Viability Amid Low Oil Prices
State media celebrated purported oil production increases as a sign of economic sovereignty. Independent financial press connected the reality of depressed global oil prices to the government's shrinking fiscal space and the viability of ongoing debt negotiations.
State media celebrated purported oil production increases as a sign of economic sovereignty. Independent financial press connected the reality of depressed global oil prices to the government's shrinking fiscal space and the viability of ongoing debt negotiations.