Trump and Venezuela discuss a deal guaranteeing oil production and exports for the next 25 years
A long-term oil deal could materially alter Venezuelan crude production and export flows.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Canadian crude oil imports →Stands to benefitVenezuela is a listed supplier of Canadian crude oil imports (2.3% share), and the reported deal is intended to boost Venezuelan investment, production, and exports.
76% confidenceNynas AB →Prices easeReuters says the deal should 'boost investment in Venezuela, curb US gasoline prices,' which could ease petroleum-derived input costs for Nynas's bitumen/asphalt binder dependency.
35% confidenceHop 2
Bitumen / Asphalt Binder →Stands to benefitThe deal directly supports Venezuelan oil production and exports, and Venezuela supplies 7.6% of this input base, so the country is a modest beneficiary.
92% confidenceVenezuela →supply upVenezuela is listed as a 3.5% supplier of crude oil feedstock, so a deal boosting Venezuelan production and exports should raise available supply of that input.
86% confidenceVenezuela →supply upVenezuela supplies 2.3% of Canadian crude oil imports, so higher Venezuelan export flows would likely increase that import stream.
Where it lands
What you buy, and what you own.
Goods you buy
Asphalt and paving materials
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.