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Oil industry watches as Venezuelan drama unfolds

President Hugo Chávez's health crisis is providing uncertainty for Venezuela

Oil, the lifeblood of Venezuela's economy, continues to flow as president Hugo Chávez's health crisis unfolds. But investors in the Opec-member's oil industry have been left guessing over the future direction the country may take as they weigh up the future of billions of dollars of investment in new projects. Chávez went to Havana, Cuba, in mid-December for his fourth round of treatment since his cancer diagnosis was announced in July 2011. The normally loquacious Chávez himself has not spoken in public since December, and little is known about his condition. The void left by the official silence has been filled by rumour, much of which has speculated that the Chávez era is coming to an en

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