Guyana Emerges as the Clear Winner in Venezuela’s Oil Reset

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Guyana is emerging as a significant winner in the new oil order in Venezuela, driven by ExxonMobil's oil discoveries and resulting in double-digit economic growth since 2019. The country's oil exports and royalties have transformed it into an economic powerhouse. A century-old territorial dispute remains unresolved.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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One of the biggest winners from the new oil order in Venezuela is its neighbor to the east, Guyana, the country that turned into the newest oil producer in the world thanks to ExxonMobil’s massive oil discoveries. Since Exxon first found oil in Guyana’s offshore Stabroek block a decade ago, one of the poorest South American countries with fewer than 1 million citizens has turned into an economic powerhouse with double-digit growth since 2019, driven by the oil exports and royalties. Yet, a century-old territorial dispute…

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Original article published by OilPrice.com on February 19, 2026.
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