“This diesel price is a colossal problem,” says Paul Sankey, president at Sankey Research, as he examines US plans to control more than 65 billion barrels of Venezuelan oil. Sankey says the industry is short of refining and that’s “the big issue” for the global market. (Source: Bloomberg)
Venezuela Deal a Bit of a Sideshow for Oil, Sankey Says
By Dhallo News · August 31, 2026 at 7:05 PM IST
Original reporting: Bloomberg MarketsRead original report →
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