RE:Unfortunately Venezuela oil much cheaper for U.S to buy....These are all just eye washes. Us inventories fell more than 1M barrels than estimated. That is close to 2M drop. They knew the oil price will go up again and so screwed up a bit with different news in multiple channels. Venezuela oil is one of that. Is there oil in a lake to just pump out of Venezuela when US want it? Ha h ha.... all joke. They succeed to some extent today to pull down the oil price, but won't last... it will start a fresh start tomorrow. Same with gold and nickel.