Oil market trends in Latin America are shaped by sanctions, regional growth in Guyana, and the performance of major national oil companies.
8 reports, 2 independent
Updated Sep 21
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New informationRepeats or wire copies
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What happened
Oil market trends in Latin America are shaped by sanctions, regional growth in Guyana, and the performance of major national oil companies.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Latin American producers gain value as the region navigates geopolitical risks like the Hormuz Strait tensions.1 source
- ExxonMobil participates in the Stabroek Block consortium while Petrobras deploys Búzios platforms, reflecting regional market shifts in Latin America.Sub-event
ExxonMobil operations in Guyana and Argentine firms' push in Vaca Muerta are underway.1 source
Guyana's oil production is surpassing Venezuela's, amid US intervention and Middle East tensions.1 source
- A ferry traveled near the border between Guyana and Venezuela.Sub-event
Overview of Latin American oil market performance, covering Venezuela, Guyana, and major regional producers.1 source
Keep exploring
The entities involved
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Venezuela
Country in Latin America
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Guyana
country in South America
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Argentina
country in South America
Related events
- Colombia imposes stricter rules on oil investors, leading to Shell's withdrawal from offshore gas projects, while Big Oil boosts presence in Guyana and Suriname.
- Venezuela is discussing ownership stakes in its oil resources and considering an exit from OPEC due to political shifts.
- Chevron's earnings are being driven by growth in Guyana, political risks in Venezuela, and supply shocks in the Middle East.
- Oil flows to U.S. reserves via government demand, alongside plans to invest $7 billion in Venezuelan oil production.
- Oil market performance in Latin America is being influenced by policy debates and global crude price rallies, involving major national oil companies.
Coverage
Newest first; wire copies grouped- riotimesonline.com
- riotimesonline.com
- riotimesonline.com
- riotimesonline.com
- yahoo.com
- riotimesonline.com