Home > U.S. weighs oil release as it tightens vice on Venezuela: source

News
U.S. weighs oil release as it tightens vice on Venezuela: source

Description

According to Reuters.com, "The Trump administration is considering tapping the country’s emergency reserve of crude as it imposes new sanctions on Venezuela’s oil business, but no decision has been made. Joe McMonigle, senior energy policy analyst at Hedgeye in Washington, told the press, “I’m not sure a mandated sale or even a new auction really helps the refiners affected, an auction would just price up the oil."

Added on the 29/01/2019 16:40:18 - Copyright : Wochit

To customise your video :

Generic export code

More videos on the subject

Top Venezuela, Guyana diplomats meet in Brazil over Essequibo border dispute

Guyanese Foreign Minister Hugh Hilton Todd and Venezuelan counterpart Yvan Gil meet in Brasilia to discuss the discuss the simmering crisis on their border over the disputed oil-rich Essequibo region. IMAGES

25/01/2024 - AFPTV - First images
US demands Iran release seized oil tanker 'immediately'

The United States demands that Iran immediately release a ship seized off Oman's coast in avowed retaliation for US actions. "The Iranian government must immediately release the ship and its crew. This unlawful seizure of a commercial vessel is just the latest behavior by Iran or enabled by Iran aimed at disrupting international commerce," State Department spokesman Vedant Patel tells reporters. SOUNDBITE

11/01/2024 - AFPTV - First images
Maduro greets ally Alex Saab in Venezuela after US release

Venezuelan President Nicolas Maduro greets his onetime confidant, Colombian businessman Alex Saab, who arrived in Venezuela after being released from a US prison as part of a prisoner swap deal between Washington and Caracas. IMAGES

20/12/2023 - AFPTV - First images
US warns against 'violence', 'conflict' in Venezuela-Guyana row

The United States is closely watching tensions between Venezuela and Guyana over a disputed, oil-rich border region and wants them to avoid any conflict, the White House says. "We obviously don't want to see any violence occur here or conflict occur," National Security Council spokesman John Kirby tells reporters. SOUNDBITE

06/12/2023 - AFPTV - First images
Iran should 'immediately' release Panama-flagged tanker crew: US State Dept

The United States calls for Iran to free a Panama-flagged oil tanker seized in the Strait of Hormuz, the second vessel Tehran's forces have taken control of in a week. "Iran's harassment of vessels and interference with navigational rights in regional and international waters are contrary to international law and disruptive to regional stability and security," says State Department spokesperson Vedant Patel during a press briefing. SOUNDBITE

03/05/2023 - AFPTV - First images
Biden says US will release 30 mn oil barrels from strategic reserve

The United States will release 30 million barrels of oil from its Strategic Petroleum Reserve as part of an international effort to stabilize the market after Russia's invasion of Ukraine, President Joe Biden tells members of Congress in his first State of the Union address, adding that Washington stands "ready to do more, if necessary." SOUNDBITE

02/03/2022 - AFPTV - First images