👉 The Venezuelan fluid, also known as the Venezuelan oil or Orinoco Oil Belt crude, is a heavy, viscous form of petroleum extracted from the vast oil reserves in the Orinoco Belt region of Venezuela. This crude oil is significantly heavier and less refined compared to lighter, more common petroleum products, making it challenging and expensive to process. The extraction process involves drilling deep underground wells and pumping the heavy oil to the surface, where it is then refined into more usable forms like gasoline, diesel, and jet fuel. Despite its challenges, the Venezuelan fluid holds substantial economic potential for Venezuela, though its extraction and export have been hampered by political instability, sanctions, and infrastructure issues.
