This Insight Paper examines the latest market developments in Venezuelan oil and analyses who could win and lose from likely changes to trade flows and investment patterns, while also considering the US’ oil production outlook and the implications for other regional producers in North and South America.
Inside the paper, we break down:
- Venezuelan crude exports edging higher, with flows shifting to the US Gulf and Caribbean
- Geopolitical shocks are reshaping global crude flows and fuelling market uncertainty
- US tight oil output projected to decline as lower prices curb drilling and investment
- Regional impacts from Canadian heavy crude pressure to new opportunities in Guyana and Trinidad
Download the insight paper
About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.
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