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Commodities Briefing - Categorized | Oil, People more

Chavez’s death and big oil

Posted on 06 March 2013

So Hugo Chávez is dead. Now what? It’s still early days. But one thing to keep an eye on is what Big Oil’s reactions could be.
Remember, Venezuela has the world’s largest oil reserves in the world. The country has proven oil reserves of 297.6bn barrels at the end of 2011, compared to Saudi Arabia’s 265.4bn barrels, according to data from Opec………………………………………..Full Article: Source


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