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tz-plus logo Venezuela Crisis: These Energy Stocks Benefit from Maduro's Downfall - While Diplomats Debate International Law, the Oil Industry Sees the Deal of a Lifetime!

L. Kulikov
Reading Time: 3 minutes

The arrest of Venezuela's President Nicolás Maduro by US special forces on January 3 marks a turning point for the global energy market. While the oil price barely reacts at around $60 per barrel – the world is currently swimming in oil – significant profit opportunities are opening up for certain companies. The winners: Refineries in the US Gulf - Valero Energy and PBF Energy are at the top of the list of beneficiaries. These companies own highly complex refineries specifically designed for heavy, sulfur-rich crude oil – exactly the...

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