Venezuela, Oil and Maduro
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Analysts are braced for a $17.3 trillion oil price upheaval that could send shockwaves through the bitcoin price and crypto
New Jersey motorists are seeing the lowest gas prices in years, even against the backdrop of turbulence in Venezuela.
Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data.
Oil and gasoline prices could rise slightly due to Venezuelan export losses and geopolitical uncertainty, though pump prices remain at COVID-19 lows.
Oil prices are set to continue their downward trend, potentially slipping as low as $50 per barrel Brent by the middle of 2026, driven by ample supply and a projected market surplus.
Kolibri Global Energy Inc. faces heightened downside risk due to falling oil prices and a 28% share price decline. See why I rate the KGEI stock a Hold.
The Trump administration launched a major military attack on Venezuela, bombing facilities and capturing leader Nicolás Maduro and his wife. President Donald Trump said the U.S. will temporarily “run” Venezuela and work to tap the country’s massive oil reserves.
From there, those funds can flow back into Venezuela to benefit the Venezuelan people,” Wright said. “We need to leverage and control those oil sales to drive the changes t