Former chairwoman of Citgo Petroleum on Venezuelan oil
Luisa Palacios, the former chairwoman of Citgo Petroleum, discussed what guarantees oil companies need before making big investments.
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The Covid-19 pandemic continues to shake up the global oil economy as fears surrounding the newly-discovered Omicron variant sparked a drop in prices last week.
This—combined with an ongoing energy crisis and a previous drop in prices during the first wave of the pandemic at the beginning of last year—has prompted a flurry of speculation from oil analysts about where the market is headed next.
For a read on the future of oil markets, host Jason Bordoff spoke with three experts:
Amrita Sen, Founding Partner and Chief Oil Analyst at Energy Aspects; Bob McNally, President of the energy advising firm Rapidan Energy Group; and Arjun Murti, Senior Advisor at Warburg Pincus, a global private equity firm.
Their roundtable discussion touched on President Biden’s decision to release crude oil from the nation’s Strategic Petroleum Reserves, the upcoming OPEC+ meeting, and what international leaders need to consider as the world transitions away from fossil fuels.
Great power competition—particularly between the United States and China—is intensifying. This rivalry is reshaping everything from technology supply chains and energy security to the future of artificial intelligence. ...
Early on January 3, 2026, the United States apprehended Venezuelan President Nicolás Maduro and his wife and removed Maduro from power. Maduro was transported to New York, where he now faces federal charges of narco-terrorism and drug trafficking.
This has been a crucial year for US energy policy. The passage of the One Big Beautiful Bill Act eliminated many of the clean energy incentives that were...
Over the past week, President Trump has intensified pressure on Venezuelan president Nicolás Maduro by targeting the regime’s economic lifeline—oil. The United States has seized two oil tankers...
The US intervention in Venezuela may jeopardize both the flow of discounted Venezuelan oil to China's teapot refineries and the role of Chinese oil companies in Venezuela’s upstream business.
In discussing the dramatic seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, President Donald Trump declared that the United States would now “take back” the country’s oil. Yet he has offered little clarity on what exactly this means.
The country could see a relatively rapid recovery of some oil production, depending on the leadership that emerges.
Early on 3 January 2026, the United States launched a military operation to arrest President Nicolás Maduro and remove him from Venezuela.