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Venezuela Faces Refining Crises, an Industrial Info Market Brief

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Venezuela is facing a huge fuel shortage. Petroleos de Venezuela's (PDVSA) has long run its refineries at minimal levels as a result of financial constraints. A lack of maintenance, among other reasons, has put the refineries in a precarious position, and it will be increasingly difficult for them to maintain operations until the state-run company carries out necessary maintenance and repairs.

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Industry Segment: Market Brief
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