Tag: venezuela crude exports

Oil makes for a sticky situation in Venezuela

Diplomacy intersects with energy sector concerns in Venezuela’s upheaval. Recognition of opposition leader Juan Guaido as the interim president of Venezuela by the United States, Canada and several right-leaning Latin American powers shows the tenure of Nicolas Maduro is under threat.

Read More »

ClipperClip: Venezuela & the Energy Flows Involved

I was out on CNBC Asia last evening discussing the current situation in Venezuela, and its path back to energy. We discussed the crude flows leaving the country, where they are going, and how dependent Venezuela is on the flow of diluent into the country from the US.

Read More »

ClipperClip: Levels of Significance

This morning’s appearance briefly covered the petroleum complex reaching some levels of significance, as Brent tests $80/bbl and retail gasoline prices swing for $3/gallon. For us to move higher from here on the crude price, it seems that it is going to be due to the supply side of the equation.

Read More »

ClipperClips: Pumping Prices

Yesterday I appeared on NPR’s Texas Standard to discuss the looming $3/gallon price at the pump, while last night I appeared on CNBC Asia to discuss oil prices at a four-year high, and whether they will keep on rallying from here.

Read More »

ClipperVlog: Venezuela

Today’s vlog looks at Venezuelan crude exports, as well as its imports of light crude and naphtha, which it uses as diluent to export its heavy crude.

Read More »