Customer Logins

Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.

Customer Logins

My Logins

All Customer Logins
S&P Global
Explore S&P Global
  • S&P Global
  • S&P Dow Jones Indices
  • S&P Global Market Intelligence
  • S&P Global Mobility
  • S&P Global Commodity Insights
  • S&P Global Ratings
  • S&P Global Sustainable1
Close
Discover more about S&P Global’s offerings.
Investor Relations
  • Investor Relations Overview
  • Presentations
  • Investor Fact Book
  • News Releases
  • Quarterly Earnings
  • SEC Filings & Reports
  • Executive Committee
  • Merger Information
  • Governance
  • Stock & Dividends
  • Shareholder Services
  • Contact
English
  • Español
  • 中文网站
  • Português
  • 한국어
  • हिंदी
  • 日本語
Support
  • Get Support
  • System Notifications
  • Delivery Platforms
  • Regulatory Engagement
Login
  • Commodity Insights Login
  • Access IHS Markit Products
Register
logo Commodity Insights
  • Commodities
  • Products & Solutions
  • News & Research
  • Pricing & Benchmarks
  • Events
  • Sustainable1
  • Who We Are
  • S&P Global
  • S&P Dow Jones Indices
  • S&P Global Market Intelligence
  • S&P Global Mobility
  • S&P Global Commodity Insights
  • S&P Global Ratings
  • S&P Global Sustainable1
  • Oil Upstream LNG Natural Gas Electric Power Coal Shipping Chemicals Metals Agriculture
    Latest in Commodities
    Listen: Change Makers: Rodney Clemente, Energy Recovery

    Energy Recovery, with roots in the desalination industry, designs and manufactures energy-efficiency...

    India woos upstream oil and gas investors with changes on revenue sharing, fiscal incentives

    India has unveiled a new set of policies for its oil and gas sector, under which it aims to offer a...

    PACIFIC LNG: Key market indicators for July 14-18

    Platts JKM, the benchmark price reflecting LNG delivered to Northeast Asia, is expected to stay firm...

  • Agriculture & Food Biofuels Chemicals Fertilizers Clean Energy Technology Gas & Power Crude Oil Fuels & Refined Products LNG Steel & Metals Upstream & Midstream (Oil & Gas) Crop Science Carbon & Scenarios Shipping
    Capabilities
    Market Insights and Analytics CI Consulting Commodity Prices and Essential Market Data Real-Time News, Prices and Analysis Forward Curves and Risk Valuation Data
    Data and Distribution
  • Latest News Headlines All Topics Videos Podcasts Special Reports Infographics Insight Blog    Commodity Insights Magazine Commodity Insights LIVE
  • Our Methodology Methodology & Specifications Price Assessments Subscriber Notes Price Symbols Symbol Search & Directories Corrections Complaints
    References
    Market On Close Index Methodology Review & Change MOC Participation Guidelines Holiday Dunl.org SEE ALL REFERENCE TOOLS
  • All Events Webinars Conferences Methodology Education Training and eLearning Forums Conferences Live Global Energy Awards    CERAWeek
    Featured Events
    Webinars Watt's new in the current affairs of Battery Metals
    • 28 Aug 2025
    • Online
    Webinars APPEC 2025
    • 28 Aug 2025
    • Online
    Webinar Madrid Market Briefing
    • 16 Sep 2025
    • Madrid, Spain
  • Overview Contact Us Regulatory Engagement & Market Issues Commodity Insights LIVE
INFOGRAPHIC Jan 20, 2021

Top Five Issues for Latin American Crude Oil Markets in 2021

Contributor Image
Ha Nguyen

Executive Director, Global Oil, S&P Global Commodity Insights

2021 will be a critical year of transition for the Latin American oil industry as the region grapples with the tumultuous events of 2020. IHS Markit estimates that production through 2021 will roughly average 70% of total production capacity. This reflects the region's simultaneously tightening supply of heavy sour crude oil and increasing supply of light and medium grades in Brazil, Guyana, and Argentina, shifting purchases of crude from the US to Asia and Europe. The regional crude slate shift has impacted the light-heavy crude differential, which has tightened significantly in 2020, and will remain tight in 2021. Meanwhile, many Latin governments and NOCs have taken further steps on energy transition, increasingly shifting to biomass and renewable technologies. To download the detailed report, please click here.

Download the full report.

Posted 20 January 2021 by Ha Nguyen, Executive Director, Global Oil, S&P Global Commodity Insights



This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Previous Next
Recommended for you

Energy Solutions
Consulting
Upstream Oil & Gas
Subscribe to the Blog

Receive monthly energy insights from our blog right in your inbox.

Subscribe

CERAWeek 2024

Multidimensional Energy Transition: Markets, climate, technology and geopolitics
March 6 – 10 in Houston, TX

LEARN MORE
Related Posts
VIEW ALL
Blog Sep 07, 2024

Indonesia's block awards drive exploration across mature, emerging, and frontier areas

Blog Sep 06, 2024

Fueling growth: Indonesia's block awards drive exploration across mature, emerging, and frontier areas

Blog Sep 06, 2024

Not in my backyard… or yours: What the new EU Methane Rule means for Kazakh crude oil exports

VIEW ALL
{"items" : [ {"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fssl.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2ftop-five-issues-for-latin-american-crude-oil-markets-in-2021.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fssl.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2ftop-five-issues-for-latin-american-crude-oil-markets-in-2021.html&text=Top+Five+Issues+for+Latin+American+Crude+Oil+Markets+in+2021+%7c+S%26P+Global+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fssl.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2ftop-five-issues-for-latin-american-crude-oil-markets-in-2021.html","enabled":true},{"name":"email","url":"?subject=Top Five Issues for Latin American Crude Oil Markets in 2021 | S&P Global &body=http%3a%2f%2fssl.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2ftop-five-issues-for-latin-american-crude-oil-markets-in-2021.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Top+Five+Issues+for+Latin+American+Crude+Oil+Markets+in+2021+%7c+S%26P+Global+ http%3a%2f%2fssl.ihsmarkit.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2ftop-five-issues-for-latin-american-crude-oil-markets-in-2021.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"} ]}
Filter Sort
  • About S&P Global Commodity Insights
  • Media Center
  • Advertisers
  • Careers
  • Contact Us
  • History
  • Glossary
  • S&P Global Inc.
  • Our Values
  • Overview
  • Investor Relations
  • Customer Care & Sales
  • Careers
  • Our History
  • News Releases
  • Support by Division
  • Get Support
  • Corporate Responsibility
  • Ventures
  • Quarterly Earnings
  • Report an Ethics Concern
  • Leadership
  • Press
  • SEC Filings & Reports
  • Office Locations
  • IOSCO ESG Rating & Data Product Statements
  • © 2025 by S&P Global Inc. All rights reserved.
  • Terms of Use
  • Cookie Notice
  • Privacy Policy
  • Client Privacy Portal
  • Do Not Sell My Personal Information
  • Site Map