Possible scenario
Export Reallocation
15% Chance
If Cardon cannot process normal crude volumes but export infrastructure remains intact, PDVSA could redirect more barrels overseas. This would preserve cash flow and potentially add incremental heavy crude supply to Asian refiners.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -0.1%
Tickers
- CVX-0.2%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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