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Merryn Talks Money — Venezuela’s Oil Reserves Versus Reality: Why Output Can’t Jump Overnight
Scout ratingSCOUT· 68%41m·2026-01-12·Money

Venezuela’s Oil Reserves Versus Reality: Why Output Can’t Jump Overnight

Merryn Talks Money

Societe Generale Head of FIC and Commodity Research Michael Haigh joins Merryn Somerset Webb to break down why the US attack on Venezuela and any subsequent attempt to reboot its energy industry is unlikely to change oil prices near-term. He explains why markets are more influenced right now by OPEC’s supply decisions…

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