CONTEST: Oil Price Prediction Challenge going on now

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Rodent

China or Russia, Who Will Take Control of Venezuela's Oil?

Rodent in Oil (General)

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Rodent    + 1,419

Rodent

https://www.rt.com/business/445768-russia-venezuela-investments-oil/

And the game is afoot!

"Caracas and Moscow have signed $5 billion US dollars’ worth of contracts related to oil production during President Nicolas Maduro’s visit to Russia, Maduro tweeted a day after meeting with President Vladimir Putin.

Maduro announced the deal on Twitter, thanking Putin and the people of Russia.

'Contracts have been signed to guarantee investments for $5 million to increase oil production with Russian partners of joint ventures,' Maduro said."

 

 

Not sure if this is $5 billion or $5 million.

 

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