Houston Firms Position for Potential Venezuela Oil Export Revival

Plans to revive Venezuela’s oil export infrastructure are drawing fresh interest in the U.S. energy hub of Houston, where firms such as Pelorus Terminals are assessing projects to rebuild and expand marine terminals capable of blending and shipping crude and chemicals. The proposed investments, estimated between $250 million and $1 billion, underscore expectations that any easing of sanctions or regulatory constraints could unlock significant new supply from Venezuela, with potential implications for global benchmarks including Oil – Brent Crude and U.S. benchmark Oil – US Crude. Market participants are weighing how incremental Venezuelan barrels might alter trade flows, differentials, and refinery margins, particularly for Gulf Coast refiners positioned to process heavier crudes.

Over the past month, Oil – US Crude has advanced about 7.73%, while Oil – Brent Crude has gained roughly 8.32%, reflecting a combination of geopolitical risk, OPEC+ policy expectations, and improving demand indicators. From a short‑term technical perspective, both benchmarks currently register a 1‑day signal of Buy for U.S. crude and Buy for Brent, suggesting near‑term bullish momentum despite the prospect of additional supply from Venezuela. Investors can explore more updates, prices, and analysis across global markets at Commodities.