Venezuela's OPEC quota has been academic at 1.16 mb/d, well below any meaningful allocation, so a formal exit moves no barrels; the US long term access deal is the only mechanism that could actually raise output.
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Venezuela's OPEC quota has been academic at 1.16 mb/d, well below any meaningful allocation, so a formal exit moves no barrels; the US long term access deal is the only mechanism that could actually raise output.