Venezuela's Oil Sector Faces Uncertain Future Amid Political Changes
Originally Published 6 days ago — by Barron's
The potential normalization of Venezuelan oil exports under U.S. influence could benefit U.S. Gulf Coast refiners by providing more heavy sour crude, while posing long-term competition to Canadian heavy crude producers, potentially impacting their market share and margins. Immediate effects are limited, but the geopolitical shift could reshape global heavy crude markets over time.