The oil prices they went up on Thursday since the investors foresee that the exploitation by the United States of Venezuela’s gigantic hydrocarbon reserves will take several years.
The price of Brent barrel from the North Sea for delivery in March rose 3.39%, to $61.99.
Its American equivalent, the barrel of West Texas Intermediate for delivery in February rose 3.16%, to $57.76.
- donald trump declared Saturday that it will authorize U.S. oil companies to exploit Venezuela’s immense crude reserves following the capture of deposed President Nicolás Maduro.
Caracas has the largest deposits of oil in the world, containing more than 303 billion barrels, but current production is low, around one million barrels per day.
A greater exploitation oil in Venezuela would make prices fall, but this requires investment and time, according to experts.
“It will take some time to prepare the legal framework and contractual necessary, as well as for charter ships to transport (the barrels) to the US refineries, he told AFP Andy Lipowfrom Lipow Oil Associates.
three tankers heading to the United States with Venezuelan crude oil
Three ships chartered by Chevron They are heading towards the United States this Thursday with Venezuelan oilaccording to an AFP analysis based on maritime tracking data.
Others two tankers hired by the company were anchored on Thursday in the port of the Bajo Grande refinery, in western Venezuela, and others six were heading to the South American country, according to data provided by Bloomberg.
Chevronthe only American company that operates in Venezuela, chartered these vessels within the framework of its regular shipments of crude oil to the United States.
The American president, donald trumpassured on Tuesday that Caracas would deliver between 30 and 50 million of barrels of oil “under sanctions“to the United States.
