Venezuela Deal a Bit of a Sideshow for Oil, Sankey Says
While US efforts to control Venezuela's vast oil reserves garnering attention, industry expert Paul Sankey argues the real critical issue facing global oil markets is a severe shortage in refining capacity. Sankey highlights that diesel prices are at crisis levels, making refining limitations rather than crude oil reserves the primary constraint on the market.
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Venezuela Deal a Bit of a Sideshow for Oil, Sankey Says
While US efforts to control Venezuela's vast oil reserves garnering attention, industry expert Paul Sankey argues the real critical issue facing global oil markets is a severe shortage in refining capacity. Sankey highlights that diesel prices are at crisis levels, making refining limitations rather than crude oil reserves the primary constraint on the market.
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