Venezuela Offers Opportunities, Challenges for US Refineries - American Press
12 Articles
12 Articles
Venezuela offers opportunities, challenges for U.S. refineries
(The Center Square) – The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years following the capture of President Nicolás Maduro, possibly pushing out Canadian oil processed at the facilities,…
The US military operation that took Venezuelan President Nicolas Maduro into custody earlier this year was another significant geopolitical shock. However, the oil market reacted surprisingly calmly to this event – prices did not fall, but even rose slightly. This suggests that the real impact of the events in Venezuela on the oil market will not be manifested through immediate reactions, but rather through long-term structural changes.
The actions of the oil companies operating in the U.S. stock market were shot yesterday after the U.S. intervened in Venezuela on the weekend to kidnap President Nicolás Maduro.
Markets shrug off U.S. capture of Maduro
Disruptive geopolitical events often push investors to jump into bonds or sell off stocks temporarily. But when the U.S. military captured Venezuelan leader Nicolás Maduro and President Trump declared control over the oil-rich nation, neither of those happened. In this episode, markets are largely unmoved by Trump’s military intervention. Plus: Experts say jobs data is most important for predicting where the economy is headed, and Landon Derentz…
News of the Day and the Hour Latest News today Morgan Stanley and Wells Fargo raised the possibilities that open up globally after the US operation that stopped Nicolás Maduro The US intervention in Venezuela, a country with the largest oil reserves in the world, would have implications that would shape a new global scenario in economic terms for both the energy and geopolitical sectors.The course of the political transition will be a key facto…
Venezuela: What Will Change for Oil, Defense, and Markets?
Implications for markets and investors following the US intervention in Venezuela. Analysis by Stephen Dover, Chief Market Strategist and Head of the Franklin Templeton Institute. In the early hours of Saturday morning, United States military forces captured Venezuelan President Nicolas Maduro and his wife. According to official US sources, both will be held pending legal proceedings in the United States. Much else, however, remains unclear. Pre…
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