Here Why The Venezuela Attack Likely Wont Lower Oil Prices For Now
9 Articles
9 Articles
The United States attack on Venezuela – a country holding the world's largest oil reserve – had reflections on the prices of oil and gold, as well as on the prices of oil marketing. For a specialist heard by the Brazilian Agency, this price volatility, however, has a more speculative character than the relevance of Venezuelan oil to global product trade. Related news: Venezuela requests that the United Nations condemn the United Nations and comp…
Venezuela sits on the world's largest oil reserves. Trump promises billions of investments. Is this also affecting the Ukraine war?
Oil Prices Hold For Now, But Structural Risks Are Rising
Oil prices are expected to see a muted immediate response following the US attack on Venezuela, a view widely shared across energy markets. However, that calm may be misleading, according to Nigel Green, CEO of deVere Group, who warns that underlying risks are quietly building beneath the surface. While global supply remains ample and Venezuela accounts for a relatively small portion of overall output, Green suggests that focusing solely on head…
The dollar is rising, and the oil price fell briefly following the US attacks on Venezuela. More oil for the world market in prospect? The post dollar and oil price are responding to the Venezuela crisis appeared first on financemarktwelt.de.
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