I think some get production and reserves mixed up. Knowing what is there and what gets pumped out of them.
It's not confusion - it's spin. Coming from the same ones who criticize Venezuela for wanting socialism ....they just don't want them to nationalize their oil like Kuwait or Qatar unless Chevron, Exxon and BP can get their greedy paws on it. So the IMF creates some guy Juan Guido nobody heard of, but the people said no, we tighten sanctions and another 40,000 will die, and round and round we go.
US sanctions on Venezuela 'responsible for tens of thousands of deaths'