Venezuela is getting worse - Aug 29

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Venezuela is getting worse - Aug 29

Post by dan_s »

BMO Capital Markets: "Despite lower exports coming out of Venezuela the country remains important to the market. That’s why news that the Jose Offshore Oil Platform will partially close for about a month is notable. According to Bloomberg it accounts for about half of the country’s exports. This is bad news for a cash-strapped Venezuela." and bullish for oil prices.
Dan Steffens
Energy Prospectus Group
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