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GreatGazoo

(4,493 posts)

3. Venezuela is in the cross hairs because of oil, not drugs

Reply to stollen (Original post)

Wed Dec 3, 2025, 08:53 AM

Dec 3

Oil is only profitable when the WTI price is above $60. The threat of Russian supply come back is being counterbalanced by taking away Venezuelan oil.

Oil markets are awaiting the outcome of the talks to see if a deal could lead to the removal of sanctions on Russian companies, including major oil companies Rosneft and Lukoil, that would free up restricted oil supply.

https://www.cnbc.com/2025/12/03/oil-prices-fall-on-weak-demand-as-markets-await-ukraine-peace-effort-for-supply-signs.html

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stollen

7 replies

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Highlight:

Is there anyone here connected to media? [View all] stollen Dec 3 OP

Administration doesn't believe there is such a thing as commercial or subsistence fishing Walleye Dec 3 #1

ALL gop administrations are FUBAR stollen Dec 3 #2

"Truth is the first casualty of war" -Churchill GreatGazoo Dec 3 #4

WMD could have been disproved stollen Dec 3 #5

Venezuela is in the cross hairs because of oil, not drugs GreatGazoo Dec 3 #3

This is where focus should be stollen Dec 3 #6

Last week, heard an interview with the wife of a Venezuelan fisherman on NPR. She said allegorical oracle Dec 3 #7