How Would a Venezuelan OPEC Exit Impact Oil Prices? | Presented by CME Group

Bloomberg Television2 hours ago1:11

Venezuela is considering leaving OPEC, potentially weakening the group it helped found in 1960. But with output hovering around 1 million barrels a day and expansion dependent on major investment and infrastructure repairs, will an OPEC exit actually translate into more supply and lower crude prices? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

How Would a Venezuelan OPEC Exit Impact Oil Prices? | Presented by CME Group | PiQ Markets