Topic: Heavy Crude

1 chapters across the catalog

Dry Holes
Episode 1432 1:24:54 - 1:34:55

1432: Dry Holes

Venezuela Oil Negotiations, CITGO 6 Release

The release of two Americans, including a member of the "CITGO 6," from Venezuelan custody follows secret high-level meetings between the Biden administration and the Maduro government. While Under Secretary Victoria Nuland claims the mission was purely humanitarian, critics argue it is a precursor to lifting oil sanctions. Technical distinctions between Russian "Urals" blend and Venezuelan heavy crude are discussed regarding refinery compatibility.