EconomyTrump’s Venezuelan oil deal: What we know and its potential impact on Canada’s oil industry
Several questions about the U.S. agreement to develop Venezuela’s vast oil reserves remain unanswered, and a rapid, large-scale production increase appears unlikely. Experts warn that higher Venezuelan exports would compete directly with Canadian crude in the U.S. Gulf Coast market.
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Trump’s Venezuelan oil deal: What we know and its potential impact on Canada’s oil industry