Jamie Smyth

Jamie Smyth, the US Energy Editor known for his expertise in oil markets and geopolitics, dives deep into the complexities of Venezuela's oil situation. He discusses the implications of Trump’s actions against Maduro and explores whether Venezuelan heavy oil holds long-term value despite its high production costs. Smyth highlights the interplay between refiners and major companies and why the oil market appears unaffected. He also touches on the investment required to revitalize production and the broader geopolitical dynamics affecting oil prices.