Macro Finance
Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen Schork
Bloomberg Markets·September 2, 2026·1 min read
Stephen Schork, editor of The Schork Group, called the Trump administration's plan to take majority ownership of over 65 billion barrels of Venezuela's oil reserves a 'pure fantasy.' He also discussed US refining capacity and strategic petroleum reserve levels in a Bloomberg interview.
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