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XOMCVXMIXEDIn depth · 4/5

Venezuela oil is uninvestable for US majors

The guest argued that US oil majors have no interest in expanding into Venezuela due to high extraction costs, unreliable infrastructure, and the availability of cheaper heavy sour crude from Canada.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
XOM: Venezuela oil is uninvestable for US majors · Zortix