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Market Impact: 0.4
What Venezuela's Return Means for Canadian Midstream
Source: etftrends.com
Energy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply ChainEmerging Markets
Venezuelan crude has overtaken Canadian crude in U.S. Gulf Coast imports as Venezuela returns as a major supplier. Along with record freight costs, the shift has pushed Canada's heavy crude discount to more than double its 2025 levels.
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