Why the U.S.’s ‘newfound oil’ in Venezuela won’t offset an Iran oil shock

Why the U.S.’s ‘newfound oil’ in Venezuela won’t offset an Iran oil shock



Why the U.S.’s ‘newfound oil’ in Venezuela won’t offset an Iran oil shock
Oil is still “baking in the mother of all supply shocks” since the 1973 oil embargo, says one energy-market investor.


www.marketwatch.com
#U.S.s #newfound #oil #Venezuela #wont #offset #Iran #oil #shock

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *