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Al Jazeera on MSN
Venezuela explained in 10 maps and charts
Al Jazeera visualises Venezuela’s political and economic landscape, oil riches, migration crisis and tensions with US.
OilPrice.com on MSN
Venezuela's falling crude supply won't budge global oil market
Escalating tensions may constrain near-term supply, but a post-Maduro scenario with lifted sanctions could allow Venezuela to rebound toward 2 million bpd within 1–2 years, according to Wood Mackenzie.
The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves.
Venezuela has the world’s largest proven oil reserves, but production has collapsed in recent years due to corruption, under-investment and mismanagement. Francisco Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy,
The United States has been escalating pressure on Venezuela for months, from Trump's ultimatum demanding that President Nicolás Maduro leave with his family to warnings interpreted as preparations for military action.
OilPrice.com on MSN
Regime Change in Venezuela Could Trigger Oil Price Spike Then Slump
A U.S. intervention in Venezuela would trigger an immediate oil price spike, but analysts expect prices to fall later if regime change leads to sanctions being lifted.
The United States' tightening grip on Venezuela’s oil exports could strangle the country's crude output and cut off President Nicolas Maduro's main economic lifeline, but it will have limited impact on the global market.