📺 Catch David Roche and Dan Murphy on CNBC’s Access Middle East today discussing the U.S.-Venezuela deal.

📺 Catch David Roche and Dan Murphy on CNBC’s Access Middle East today discussing the U.S.-Venezuela deal. David Roche says Venezuela could boost oil production from about 1.2–1.3 million to 3 million barrels per day, but only with around $100 billion in investment over five years and even then, it would only add 1–2% to global supply. He also calls the idea that Venezuela’s oil reserves could simply become American “pure nonsense,” noting they legally belong to the Venezuelan state and that U.S. firms face the risk of expropriation. 👇