The Real Reason Washington Wants Venezuela’s Oil ...Middle East

OILPRICE - Economy
The Real Reason Washington Wants Venezuela’s Oil
The timeline of the US–Venezuela conflict highlights a long-term strategy centered on securing heavy crude supplies for US Gulf Coast refineries, which are configured to process heavy sour barrels and benefit from Venezuela’s ability to deliver crude over short lead times. This will reduce reliance on Middle Eastern high-sulfur fuel oil (HSFO) for the US. Exports of Venezuela crude are expected to recover slowly toward the US, Europe and India, leaving China disadvantaged, while OPEC+ remains defensive. US Gulf Coast refineries process…

Hence then, the article about the real reason washington wants venezuela s oil was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The Real Reason Washington Wants Venezuela’s Oil )

Apple Storegoogle play

Last updated :

Also on site :



Latest News