Core Viewpoint - Morgan Stanley's analysis indicates that U.S. military actions and efforts to oust Maduro in Venezuela may be a negative factor for most oil producers, particularly those focused on Canadian oil sands [1] Group 1: Impact on Oil Market - Venezuela primarily produces heavy sour crude oil, which is similar in quality to Canadian heavy crude (WCS) [1] - Although Washington's aggressive stance has limited short-term supply impacts, a potential easing of sanctions on Venezuela could exacerbate the already oversupplied oil market [1] - This situation may lead to an expanded discount of WCS relative to U.S. West Texas Intermediate (WTI) crude [1] Group 2: Company-Specific Impacts - Empire Oil and Cenovus Energy are expected to be most affected by changes in the WCS-WTI price differential [1] - Suncor Energy and Canadian Natural Resources are considered to have stronger resilience against these risks [1]
委内瑞拉原油或重返市场 加拿大油砂巨头面临价差走阔风险
Ge Long Hui A P P·2026-01-05 13:52