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Global Oil Market Weekly Highlights
Global Oil Market Weekly Highlights
FEATURE OF THE WEEK
(1) Feature of the Week: Opportunity Crudes: Canada vs. Venezuela
US refiners face diverging supply realities: an immediate 300 K b/d Canadian production cut amid escalating trade tensions, versus a historic US-Venezuela deal (Aug. 27) granting 55% control of a 100-year concession over 65 B barrels of reserves.
August 29, 2026
