Even a US Blockade of Venezuela Isn’t Spiking Oil Prices
Big Take22 Des 2025

Even a US Blockade of Venezuela Isn’t Spiking Oil Prices

From OPEC powerhouses and US shale producers to countries like Guyana, global producers are drilling more oil and driving down prices. And with the potential for a ceasefire in Russia and pressure on Maduro in Venezuela, even more oil could flood the market in 2026.

On today’s Big Take podcast, host David Gura sits down with Bloomberg oil trading reporter Alex Longley and Opinion columnist Javier Blas to discuss the forces driving the oil market right now, how they’re impacting different countries and why even lower prices could be on the way.

Read more: The World Is Awash With Oil and Prices Are Poised to Keep Falling

Hosted by: David Gura Produced by: Julia Press Reported by: Alex Longley and Javier Blas Edited by: Jeff Grocott Fact-checking by: Rachael Lewis-Krisky and David Fox Engineering by: Katie McMurran

Senior Producer: Naomi Shavin Deputy Executive Producer: Julia Weaver Executive Producer: Nicole Beemsterboer

See omnystudio.com/listener for privacy information.

Episoder(839)

BONUS: Another Cost Of Wildfires: Breathing Toxic Smoke

BONUS: Another Cost Of Wildfires: Breathing Toxic Smoke

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California Creates A Reparations Blueprint For African Americans

California Creates A Reparations Blueprint For African Americans

For decades, African American activists, scholars, and elected officials have called for reparations to address the long legacy of slavery and racism in the US. Now, California is beginning to take ac...

9 Jun 202334min

Why Are Foreign Investors Buying Up Europe's Football Clubs?

Why Are Foreign Investors Buying Up Europe's Football Clubs?

European football is one of the world’s most popular sports, and billionaires, hedge funds, and sovereign wealth funds want a piece of it. They’re purchasing clubs, or stakes in them. But whether it’s...

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Early Registration, Applications, Waitlists. College? Nope. Summer Camp.

Early Registration, Applications, Waitlists. College? Nope. Summer Camp.

Since the 1940s, summer camp has offered adventure, lifelong friendships, and…much-needed childcare for families. But these days, it’s fraught with high prices and limited openings. Bloomberg reporter...

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Arab Nations Bring Isolated Syria Back Into The Fold

Arab Nations Bring Isolated Syria Back Into The Fold

Syria is back in the 22-nation Arab League bloc after more than a decade of isolation. So what does this mean for countries outside the region, like the US? Bloomberg managing editor Sylvia Westall an...

6 Jun 202326min

Crisis Averted On The Debt Ceiling. For Now

Crisis Averted On The Debt Ceiling. For Now

The months-long fight over raising the debt ceiling is finally over. That means the threat of the US defaulting on its debts, and the resulting economic crisis, is off the table – at least for the nex...

5 Jun 202331min

Why Are Those AI Whistleblowers So Worried?

Why Are Those AI Whistleblowers So Worried?

In two recent open letters, leaders and developers of artificial intelligence called for a pause of large AI projects to take stock of their impact. In tandem, Sam Altman, OpenAI’s CEO, went to Congre...

2 Jun 202327min

A Debt That Could Stunt China's Economy

A Debt That Could Stunt China's Economy

Hegang, a remote coal town in northern China that faced a mountain of debt, was forced to undergo an unprecedented financial restructuring. And it’s not alone. A local debt problem in some of China’s ...

1 Jun 202325min

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