Venezuela’s falling oil supply is a major ‘challenge’ to global energy markets
|03/15/2019||Posted by BusinessMediaguide.Com under General World News||
- The International Energy Agency (IEA) has warned that crude supplies from Venezuela are at risk of falling sharply.
- The agency’s monthly report indicates that the lower production out of the troubled country could be a “challenge” for the world’s oil markets.
- “Geopolitics has added another complication to the global oil market,” said the IEA.
A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a “challenge” for global oil markets.