Strategy Report
Drill, Baby, Drill … In Venezuela?
Venezuelan crude output is unlikely to alter the global oil market outlook for this year. However, US control of Venezuelan crude is a risk to Canadian oil sands producers and Canadian oil prices. Go long US oil refiners/short Canadian oil producers.
Interested in reading this report?
To access the full BCA Research report, request a complimentary copy
BCA Research | Commodity & Energy Strategy
Top-down global-macro framework with bottom-up fundamental analysis of major commodities.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.