Venezuelan oil production Loading... : Investor Sentiment and Bull/Bear Views
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12:44
Jan 05
Jan 05
Venezuelan oil extraction can be profitable.
Venezuelan oil extraction is a profitability opportunity rather than just a volatility trade: production costs are $13-$16 per barrel versus $40-$60 in the U.S., U.S. refiners can process Venezuela's heavy crude, and while old infrastructure requires substantial replacement investment, once oil can be extracted it can be profitable.
HIGH
About Venezuelan oil production Investor Commentary
Across the available history and selected sources, Buzzberg tracks Venezuelan oil production across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 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: Michelle Caruso-Cabrera.