Canada will benefit from lower Venezuela oil production"We think the biggest beneficiary of lower crude imports from Venezuela is Canada, which we have already seen a surge in import volumes over the last several years." https://seekingalpha.com/article/4136037-venezuela-oil-production-risk-downside?app=1&isDirectRoadblock=false <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
Production has fallen significantly over the last month: "Venezuela's oil production plummeted to its lowest level since 2002 in December as its national oil company PDVSA suffers financial shortfalls, S&P Global Platts said Monday."
"The Latin American country's crude production fell 100,000 barrels a day last month to 1.7 million barrels a day, a level it hit back in late 2002, when thousands of oil industry workers went on strike for three months, according to Platts' monthly survey."
https://www.chron.com/business/energy/article/Venezuela-s-oil-production-sinks-to-lowest-since-12481531.php