August 8, 2024

Could A Comeback In Venezuelan Oil Crash The Markets?

Courtesy of El Nacional

It is speculated that if Maduro can attract the much-needed investment required to rebuild Venezuela’s petroleum infrastructure he could quite quickly, lift oil production to over one million barrels daily. That could potentially rile oversupplied global crude oil markets causing prices to plummet. By Matthew Smith. Full Text -> OilPrice

Translation/ Traducción