Venezuela's oil industry staggers closer to collapse: A positive catalyst for oil

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Summary

Venezuela defaults on its debt

An emerging catalyst that will support higher oil prices

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Published December 18, 2017

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