• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 15 mins Sources confirm Trump to sign two new Executive orders.
  • 51 mins In a Nutshell...
  • 5 hours Why Wind is pitiful for most regions on earth
  • 11 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 2 days Joe Biden to black radio host, " If you don't vote for me you ain't black". That's our Democratic Party nominee ?
  • 2 days Putin Paid Militants to Kill US Troops
  • 3 days Happy 4th of July!
  • 3 days Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 4 days Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 4 days Victor Davis Hansen on Biden's mental acuity " . . unfit to serve". With 1 out of 5 Democrats admitting it. How many Dem's believe it but will not admit it?
  • 22 hours Coronavirus hype biggest political hoax in history
  • 3 days Apology Accepted!
  • 4 days The Political Genius of Donald Trump

Global Intelligence Report - 30th January 2019

Sources

- Geopolitical consultant to Fortune 500 companies in the Americas
- High-level Scottish government official
- Energy consultant to Scottish government
- EU economic analyst in Brussels

Venezuela: The Next Move on the International Stage

On Tuesday, Venezuela’s Supreme Court froze opposition “president in charge” Juan Guaido’s bank accounts and imposed a travel ban on him. Then, by Wednesday morning, a desperate Maduro was pleading with Americans to stop Trump from intervening on Guaido’s behalf and saying he would sit down and talk with the opposition for a peaceful solution. The day before, the US slapped new sanctions on Venezuela’s state-run oil company. Now this is really a game of creditors.

Beijing, in September, threw another $5 billion Maduro’s way to prop up crude production. In total, China is now into Venezuela for $50 billion—money it’s used to buy influence in the country since 2007, mostly in the form of oil-for loan deals. It wasn’t initially a bet on Maduro, who was of no consequence when this all started; rather, it was a bet on Venezuelan oil, and right now, it’s looking increasingly like a losing bet to Beijing. But this is not Russia. China’s relations with Maduro can change on a dime, if the price is right, or if the losses will be mitigated. It’s also a great bargaining chip in the ongoing trade wars with the US. Right now, Beijing is…




Oilprice - The No. 1 Source for Oil & Energy News