Trump's Venezuelan oil deal: What we know and how it could impact Canada's oil industry
Several questions about the U.S. deal to develop vast Venezuelan oil reserves remain unanswered, and a rapid and large-scale increase in production is unlikely. But experts say increased exports from Venezuela "would compete directly with Canadian crude in the U.S. Gulf Coast market."
Several questions about the U.S. deal to develop vast Venezuelan oil reserves remain unanswered, and a rapid and large-scale increase in production is unlikely. But experts say increased exports from Venezuela "would compete directly with Canadian crude in the U.S. Gulf Coast market."