Geopolitical gyrations remain top of the agenda at the start of 2026, as oil markets digest the potential implications of events in Venezuela against the backdrop of crude oversupply, lower prices, and product flows disruption amid rumbling repercussions against Russia as its war in Ukraine approaches the fifth year.
In this webinar, speakers from General Index and Kpler came together to reflect on:
- The short term implications of recent events in Venezuela for the oil markets.
- The broader implications of a more interventionist US foreign policy under President Trump.
- How will sustained low oil prices impact producer budgets, especially Saudi Arabia?
- Is OPEC+ accepting long-term oversupply as curves move into contango?
- Do lower Saudi OSPs signal a renewed focus on market share?
- Can OPEC still influence prices without full OPEC+ support?
- What impact has fresh sanctions by the EU on Russian oil had on global refined product flows and arbitrage pricing?
- Are we seeing meaningful ripple effects on product flows and pricing in other regions?
- How is expanding refining capacity in West Africa affecting dynamics in the Atlantic Basin?
%20(1).webp)
.png)
%20(1).webp)
%20(1).avif)
