I have to warn those, treading oil.
The situation on one of the biggest oil exporters in the world – Venezuela has been heating up for days after the leader of the opposition Juan Guaido declared himself a true leader of the country and hundreds of thousands of people came to the streets of Caracas to support the new leader.
The problem with the situation goes far beyond just political crisis in the region. The problem is that Venezuelan oil is no longer needed in the world arena until the situation is resolved and that can only mean one thing.
TURBULENT PRICES FOR OIL UP AHEAD. Those who prefer to trade and invest the black gold are supposed to be very careful is not abandon the sector altogether.