MNI Oil Weekly: Venezuelan Supply Pressure Grows

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Executive Summary:

• Venezuela Supply Pressure Grows: What started with a single tanker seizure last week has grown towards
  a sanctioned oil blockade as Trump ramps up pressure to topple Maduro.
• Oil Markets: Oil markets extend their bearish trend on Russia/Ukraine talks and growing floating crude,
  though a Venezuela blockade offers upside. See oil products section for Al Zour, Dos Bocos and Dangote
  updates.
• Analyst Views: See oil market views and outlooks from key analyst names.
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