Venezuela Oil & Gas Views

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New Risks To The Fore?

BMI View: Latin America is set to be the fastest-growing region in terms of oil production over the next decade. However, evolving risks in some of the region's largest producers threaten to derail...

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Divide Widens Across The Pond

BMI View: As expected, weak demand continued to rein in price spikes in November. The Israeli bombardment of the Gaza Strip and a temporarily solution to the Greek debt crisis saw Brent rise to US$...

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Falling Short Of Production Goals

BMI View: Venezuelan oil production will fall considerably short of the government's 2012 year-end production target of 3.5mn barrels per day (b/d). Indeed, we forecast that total oil production will...

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Watching Politics For 2013 Direction

BMI View: Although demand realities pulled oil prices down towards the end of October, supply worries - particularly Iran's threat to stop all crude exports altogether - pose a strong upside risk to...

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