Morgan Stanley says US-Venezuela oil deal lifts Venezuela bond outlook
A Morgan Stanley report says the U.S.-Venezuela oil agreement strengthens the outlook for Venezuela’s sovereign debt restructuring and supports higher oil production, though key deal details remain unclear.
By Marc JonesThe U.S.-Venezuela oil agreement strengthens the outlook for Venezuela's sovereign debt restructuring and supports higher oil production, although key details remain unclear, a Morgan Stanley report published on Tuesday said.The U.S. and Venezuela unveiled an arrangement last week unde…