Top Oil Traders Eye Swift Return to Venezuela
Market Intelligence Analysis
AI-PoweredTop oil trading houses are considering a swift return to Venezuela's oil market following the capture of Nicolas Maduro, which may open up investment opportunities for U.S. and Western firms.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Some of the biggest international oil trading houses, including Trafigura Group, will discuss with the U.S. Administration returning to oil trade with Venezuela, the global head of Trafigura’s oil division, Ben Luckock, told Bloomberg television in an interview on Tuesday. The capture of Nicolas Maduro opens the door to U.S. and other Western firms to consider investments in Venezuela’s industry, and to the top trading houses to seek a return to trading Venezuela’s crude and delivering fuels to the country sitting on 17%…
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