For oil producers, the Tangerine Tyrant's adevtsurism in Venezuela may be a poisoned chalice; Venezuela accounts for around 20% of all known (proven) oil reserves, but less than 1% of oil produced, around a third of its output 30 years ago.
So as prices have been declining, any major increase in output (thought it won't be sudden, there are some infrastructure issues to resolve) without rising demand (unlikely at the moment) will just drive prices & profits down!
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