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Ed Morse on Global Oil Risks
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Why This Matters
Ed Morse, Senior Advisor at Hartree Partners, estimates that reviving Venezuela's oil industry under Trump's plan could cost over $100 billion, which may not significantly impact global oil prices in the short term.
Market Impact
Market impact analysis based on neutral sentiment with 80% confidence.
Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Trump’s plan to revive Venezuela’s oil industry could cost over $100 billion. Energy veteran Ed Morse, Hartree Partners Senior Advisor, joined Bloomberg Open Interest to explain why rebuilding won’t move prices fast—and what it means for global oil markets. (Source: Bloomberg)
Original article published by
Bloomberg
on January 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.