Will you invest ? Venezuela’s acting president, Delcy Rodríguez, has signed a law allowing the privatization of the country’s oil sector.

[Litwin]

Seems good to me that oil companies can reacquire and modernize their stolen assets in Venezuela.

Venezuela currently supplies about 3% of US oil. Even at its peak, Venezuela supplied less than 10% of US oil.

Seems like this is good for everyone.

I am sure lefties would love to see a massive spike in oil prices so they could have political fodder to blast Trump.

Venezuelan oil instead of stolen Siberian (urals) oil ? why not ?

Maurel & Prom's hopes of resumption in Venezuelan oil sales boosted by easing of sanctions

 

[my2¢]

Having distrust of the government there, I believe it is foolish to invest a cent. Exxon got burned twice for doing so.