Скачать или смотреть Venezuela Crude Oil Exports License Closure Impact & Price Drop

.. So what happens That increase right to sustain it it has to have investments that is to be able to cover that that export is at the real value but what happens when we see then the exports in the United States which is where he was placing the Chevron crude that in April they were seventy thousand one hundred and seventy thousand barrels in May you can already see a very strong fall of thirty-two percent precisely because the license was closing so this generates that the price of the Merey which is the reference to the Venezuelan crude which is measured by the OPEC also has a drop in May it was sold at an average of fifty-one dollars the barrel that is a drop of nine percent with respect to the CESTA or PEP which is the brand but why Well because it is a crude of low quality it has high sulfur content it has to make forced discounts it is making a discount on the sanctions that are already beginning to be seen ......... it starts to have a roll and here we connect it: the logistical and reputational risk which is what happens with what happened as you pointed out with the catalyst the one that sold the catalysts which is the reputational risk The great signal that the Year of Fact gives is that doing business with the Maduro regime is going to have an impact it is its reputational risk