OIL MARKET: Washington eases its oil sanctions on Venezuela, allowing Chevron (for the next 6 months) to pump crude in the Latin American nation and export it into the United States. A major shift in the White House policy | #OOTT #Venezuela $CVX 🇻🇪 ⛽️ 🇺🇸

Maduro Named Winner of #Venezuela Vote Despite Opposition Turnout

Opposition parties may yet challenge official result

Exit polling found González won by 30 percentage points

#oott

An oil market statistic:

Saudi Arabia currently produces exactly the same as four years ago (Aug 2020), or about ~9m b/d

Iran and Venezuela together produce ~90% more than four years ago (Aug 2020), or about ~4.3m b/d

#OOTT #Iran #Venezuela #SaudiArabia