Oil Flow or Oil Freeze?

Oil Gains With Venezuelan Blockade, Russian Sanctions in Focus

(Bloomberg) — Oil extended gains after bouncing off a four-and-a-half-year low, as investors weighed geopolitical risks from Venezuela to Russia against a still-bearish supply outlook.

Oil flow or oil freeze?

A U.S. blockade of Venezuelan oil tankers may sound disruptive, but global oil is plentiful, and Gulf Coast refiners remain tied to Venezuela’s heavy crude after decades of investment. If sanctions are lifted and Venezuelan oil flows again, it could benefit refiners and drivers alike. Also in this episode: why bank deposits are growing, how the Gap staged a successful turnaround, and where trade workers are experimenting with AI.Every story has …