Warren Pies, co-founder at 3Fourteen Research, joins CNBC's 'Money Movers' to discuss the impact of geopolitics on oil markets, expectations for oil prices this year, and more.
Venezuelan President Nicolas Maduro spoke exclusively to Bloomberg in an interview that aired June 18, 2021. In the conversation with Erik Schatzker, they discussed sanctions and Maduro's wish to normalize US relations.
The overthrow of President Nicolas Maduro could pave the way for Exxon Mobil and ConocoPhillips to recover assets that were seized by Venezuela in a 2007 nationalization. Chevron, which is the only U.S. oil major operating in Venezuela, is likely best positioned to grow production if there is an orderly transition of power, analysts say.
If the U.S. can exert control over Venezuela's leadership and energy sector, the long-term implications could be substantial.
Under the president's version of the Monroe Doctrine, commerce and resources drive U.S. strategic intervention. Is Greenland next?
What is crude oil going to do after action in Venezuela? So far, not too much.
January 3 showed that 2026 might inaugurate a new era of resource wars as the U.S. Armed Forces executed a daring raid against one of the most oil-rich countries in the world.
Sanctions and fracking have changed the market.
Oil prices slipped as global markets and U.S. futures assessed the U.S. arrest of Venezuela President Nicolas Maduro and President Trump's promise to open up the country's oil reserves.
Crude prices fell on Monday after the U.S. ousted Venezuelan leader Nicolas Maduro over the weekend and said it would take control of the oil-producing nation.
Geopolitical tensions and OPEC+ discipline keep oil supported near $60 as natural gas tests $3.45 support, with weak RSI signaling volatility ahead.
President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela's energy infrastructure after the capture of Nicolás Maduro, the country's former leader. The nation has the world's largest oil reserves, but output plummeted during Maduro's 12-year term.