CLAIM: Venezuela Oil Production Recovering, Near 1.9 Mln Bpd, Minister Says.

The OPEC country is facing an economic crisis, with millions suffering food and medicine shortages. Venezuela relies on oil for about 95 percent of export revenue though output has fallen significantly in recent years.

“The year 2018 will be one of recovery, after having touched a historic low. We are now near 1.9 million barrels of oil per day, thanks to the workers,” said Quevedo, a military general, speaking in a television interview.

He gave few details, sticking to general aims like eradicating corruption and placing power in workers’ hands as a means to revive Venezuela’s oil industry.

Veracity of the claim aside, if power is in workers’ hands, then why is the oil company owned by the state and run by a general?