Spain’s Repsol to increase Venezuelan oil production after securing US permit

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Repsol, a Spanish energy group, plans to significantly increase its oil production in Venezuela after securing a US permit, with production expected to treble over the next three years.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Energy group expects its production in the country to treble over the next three years

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Full article on Financial Times
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Original article published by Financial Times on February 19, 2026.
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