"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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Venezuela's oil is also of poorer quality than its Saudi equivalent. Its sour, heavy crude is difficult to extract and refine, while its high sulphur content makes it corrosive to pipelines. A resurgence of Venezuela's industry could pose problems for Canada, which produces similarly viscous oil and exports much of it to the US, but analysts reckon the risk is minor.
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