Burry Bets Big on Venezuelan Oil
Update: 2026-01-05
Description
Michael Burry, known for predicting the housing crash, is betting big on Venezuelan oil. Hes invested in Valero Energy, which could benefit from restarting Venezuelas oil production. Burry also sees opportunities in refining Venezuelas heavy crude and repairing its oil infrastructure, potentially benefiting companies like Halliburton, Schlumberger, and Baker Hughes. He believes this could be a multi-year play with significant potential for US contractors. Checkout Solipillow.com
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