Tag: Venezuela sanctions

ClipperClip: Heavy Heavy

This morning’s appearance on CNBC Squawk Box discussed the abundance of light crude amid a lack of heavy barrels ahead of IMO 2020. We also discussed signs of weaker oil demand from China and Germany, while Russia is ramping up product exports.

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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.

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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.

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