#oil-market-supply

[ follow ]
World news
fromFortune
5 days ago

Trump said the U.S. would "run" Venezuela and sell its oil. Now it's starting to happen | Fortune

The U.S. Treasury authorized PDVSA to sell Venezuelan oil directly to American companies and global markets, reversing years of sanctions to increase global oil supply amid Iran tensions.
World news
fromenglish.elpais.com
2 months ago

The US fracking industry, vulnerable to Venezuelan crude entering the global market

U.S. fracking margins may become unprofitable if Venezuelan oil floods markets, threatening domestic producers and weakening the shale-driven oil boom.
[ Load more ]