Possible scenario
Funding Shortfall Persists
20% Chance
The 1.5 million bpd target proves too aggressive because PDVSA cannot attract enough capital, equipment or technical labor. Existing joint ventures maintain output, but large-scale redevelopment of mature fields and the Orinoco Belt remains delayed.
Initial impacts
- Oil prices Up
Secondary impacts
- Energy +0.2%
Tickers
- CVX-0.4%
- SLB-0.3%
- -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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