Venezuela on the brink of a 100 billion USD oil boom: These two suppliers are the silent winners of the Trump deal
Reading Time: 4 minutes
The new oil deal between the USA and Venezuela could trigger one of the largest cycles of reconstruction in the global oil industry. For investors, producers like Chevron are initially in focus. However, the possibly more interesting beneficiaries are Weatherford and our US model portfolio stock Schlumberger (SLB). Without their drilling, extraction, and production technologies, it would be difficult to revive the fields that have been neglected for decades. 100 billion USD are set to flow into Venezuela's oil industry The USA is gaining access...
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