Barclays: Oil Could Rise By $7 If U.S. Sanctions Venezuela

As discussed over the weekend, the endgame in Venezuela is accelerating and it is now only a matter of time before the Maduro regime exits, stage left, the only question is whether he does so peacefully or with the sound of gunfire in the background. And, as we also noted last week, the collapse of the Maduro regime, will “one way or another, send oil prices up.” But while a regime change will certainly lead to violent swings in oil prices (mostly higher), even less volatile events could have a significant impact on the price of crude. According…