Venezuelan heavy crude Loading... : Investor Sentiment and Bull/Bear Views
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16:42
Jan 05
Jan 05
Venezuelan heavy crude is undesirable
Venezuela's headline oil reserves are inflated paper barrels, and the crude is roughly twice as heavy as Middle Eastern grades. It requires heavy-oil refineries that are declining in number, while future demand is shifting away from gasoline and diesel. Therefore Venezuelan heavy crude is not the oil the world needs and is unattractive as a supply source.
HIGH
About Venezuelan heavy crude Investor Commentary
Across the available history and selected sources, Buzzberg tracks Venezuelan heavy crude across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Mukesh Sahdev.