Market Chatter: North American Blue Energy Partners Plans Over 50 Drilling Rigs for Venezuelan Oil Fields

MT newswire2026/09/01 11:24

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07:24 AM EDT, 09/01/2026 (MT Newswires) -- North American Blue Energy Partners aims to send more than 50 drilling rigs to Venezuela over the next few years to boost crude production, The Wall Street Journal reported Monday, citing an internal document. According to the report, the company intends to move six rigs into Venezuelan fields by the end of the year, followed by 12 in 2027 and two additional units monthly starting in 2028. North American Blue Energy did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41