(Bloomberg) — From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly missing out.
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All over Latin America, the upside of $100 crude has been blunted by nationalist policies that tightened government control of the energy industry and sidelined the foreign investors who had helped boost production. Output from Brazil and Guyana is rising, but…
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