Can Venezuela Survive on $50 Oil?

The video discusses Venezuela's oil pricing challenges, highlighting the need for a $70 per barrel price to sustain the economy, despite a production cost of $12. It addresses the impact of service companies reducing exposure due to payment delays and the shift in contract schemes to maintain production. The video also covers Venezuela's debt management strategies, including the use of US refineries and reopening operations in Aruba to support financial stability and reduce logistics costs.

What challenges are oil service companies facing in Venezuela?

What is the significance of the upcoming bond payments for Venezuela?