A warning sign stands at the entrance of the PDVSA/BOPEC Brasil Terminal in Rincon Bonaire on the Caribbean Netherlands island of Bonaire, Monday, May 7, 2018, where Venezuela refines and stores its heavy crude. U.S. oil giant ConocoPhillips is pressing for control of Venezuela's key offshore operations in the Caribbean, seeking to recoup $2 billion from a decade-old dispute.
A warning sign stands at the entrance of the PDVSA/BOPEC Brasil Terminal in Rincon Bonaire on the Caribbean Netherlands island of Bonaire, Monday, May 7, 2018, where Venezuela refines and stores its heavy crude. U.S. oil giant ConocoPhillips is pressing for control of Venezuela's key offshore operations in the Caribbean, seeking to recoup $2 billion from a decade-old dispute. Stephan Kogelman AP
A warning sign stands at the entrance of the PDVSA/BOPEC Brasil Terminal in Rincon Bonaire on the Caribbean Netherlands island of Bonaire, Monday, May 7, 2018, where Venezuela refines and stores its heavy crude. U.S. oil giant ConocoPhillips is pressing for control of Venezuela's key offshore operations in the Caribbean, seeking to recoup $2 billion from a decade-old dispute. Stephan Kogelman AP

'No one wants to be last in line.' Seizure of Venezuela oil assets may start wave.

May 10, 2018 01:39 PM