 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.694 | -0.020 | -0.73% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
|
Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
|
Central Alberta • 5 hours | 75.70 | -0.05 | -0.07% |
|
Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
|
Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
|
Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
Matthew Smith
Matthew Smith is Oilprice.com's Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located in Latin America. Matthew writes on oil and gas, mining and infrastructure.
Latest articles from Matthew
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Colombia’s Risky Plan To Import Gas From Venezuela
Leftist Colombian President Gustavo Petro’s controversial plan to end hydrocarbon exploration sparked fears it will roil the oil dependent economy and endanger the strife-torn country’s energy security.…
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Guyana’s Oil Potential Could Be Even Greater Than Anticipated
Offshore Guyana is garnering considerable attention from international oil companies as a slew of oil discoveries since 2015 underscore the significant oil potential of the…
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Colombia’s OIl Exploration Ban Could Crush Its Economy
The future of Colombia’s battered oil industry is once again in doubt. The plans of the strife-torn country’s first leftwing President Gustavo Petro, who was…
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Guyana’s Oil Industry Is In For A Stellar Year
ExxonMobil made its first world-class oil discovery in Guyana’s territorial waters in 2015. Since then, the energy supermajor has made over 30 high-quality oil discoveries…
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Suriname’s Oil Boom Hits A $10 Billion Snag
A series of high-quality oil discoveries in Block 58 offshore Suriname combined with investment bank Morgan Stanley estimating that the block contains 6.5 billion barrels…
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Venezuela’s Vast Oil Wealth Could Become The World’s Largest Stranded Asset
President Joe Biden’s decision to authorize U.S. supermajor Chevron to recommence lifting crude oil in Venezuela breathed hope into President Nicolas Maduro’s plans to rebuild…
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Venezuela’s Dilapidated Oil Industry Is An Environmental Catastrophe
The collapse of Venezuela’s once prolific oil industry has triggered an economic and humanitarian crisis that accelerated in 2019 after U.S. President Donald Trump implemented…
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Chevron’s Authorization To Extract Oil Will Not Boost Venezuela’s Production
After Russia’s president Vladimir Putin launched the invasion of Ukraine, the U.S. along with many of Washington’s allies banned imports of Russian crude oil. This…
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Colombia’s Oil Industry Is An Environmental Disaster
For decades, the petroleum industry in South America has been dogged by one environmental catastrophe after another. Oil spills, flaring and other environmentally damaging…
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The Dirty War For Colombia’s Oil
The Latin American country of Colombia is synonymous with violence, drug cartels and cocaine trafficking after decades of bloody multiparty low level…
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Guyana’s Oil Boom Will Only Accelerate In 2023
Guyana’s offshore oil boom continues to gain momentum. It is the ExxonMobil-led consortium operating the 6.6-million-acre Stabroek Block offshore Guyana which stands to benefit the…
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Peru’s Oil Industry Is An Environmental Disaster
As an intense political crisis engulfs Peru, the country’s beleaguered oil industry continues to suffer from conflict with local communities. For nearly three decades a…
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Suriname’s Oil Boom Is Far From Guaranteed
After a swathe of oil discoveries in offshore Suriname, primarily in Block 58, since the start of January 2020 there was considerable speculation that the…
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Peru’s Political Crisis Is Weighing On Its Energy Industry
Peru’s long-running political crisis has erupted into violence. Scandal embroiled leftist president Pedro Castillo, who sought to upend the conservative establishment and decades of neoliberal…
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Oil Investors Are Skeptical Of Brazil’s New President
Former president and leftist candidate Luis Inacio Lula da Silva emerged victorious from Brazil’s hotly contested October 2022 presidential election. Populist hard-right president Jair Bolsonaro’s…
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Guyana Is Becoming A Top-Tier Oil Producer
Despite the dire predictions of peak oil demand, which will is expected to arrive during the next decade as the world transitions to a low-carbon…
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Cocaine Conflict Is Causing A Crisis For Colombia’s Oil Industry
The ferocity of Colombia’s low-intensity multiparty asymmetric conflict is rising once again. This frightening turn of events started in late 2018 when Ivan Duque became…
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Tax Hikes Threaten To Cripple Colombia’s Oil Industry
There is considerable speculation that the end is drawing close for Colombia’s economically vital hydrocarbon sector. The Andean country’s petroleum industry is facing significant headwinds,…
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Can Colombia Secure Peace With The Last Leftwing Guerrilla Group?
Colombia is locked in a never-ending cycle of grinding poverty, conflict and violence that has existed for nearly a century. The Latin American country’s decades-long…
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Biden Might Not Be Able To Lift Sanctions On Venezuela Even If He Wants To
A deep global energy crisis, which is sharply impacting Western Europe, is forcing countries around the world to find additional sources of oil and natural…
