July 2026
Oil and Natural Gas Report in Latin America and the Caribbean

In March 2026, the LAC region reported sustained growth in its hydrocarbon sector. Oil production increased by 9% year-on-year, reaching 324 million barrels (Mbbl), with Brazil, Mexico, and Venezuela accounting for 69% of the total volumen.While 53% of crude oil imports were sourced intra-regionally, exports remained focused on extra-regional markets, as only 12% of the […]
June 2026
Oil and Natural Gas Report in Latin America and the Caribbean

In February 2026, oil production in Latin America and the Caribbean (LAC) recorded a strong year‑on‑year increase of 27% and a monthly rise of 4.4%, driven by higher output in Argentina, Brazil, and Mexico. Brazil, Mexico, and Venezuela accounted for 68% of total regional supply, reaffirming their leadership in the sector. Regarding trade, 63% of […]
May 2026
Oil and Natural Gas Production and Trade in Latin America and the Caribbean (LAC)

In January 2026, regional oil production in LAC recorded a year-on-year increase of 11% and monthly growth of 1.1%. Brazil, Mexico, and Venezuela accounted for 70% of LAC’s oil supply, consolidating their position as the region’s main producers. Regarding foreign trade, 56% of total oil imports corresponded to intraregional trade, while 22% of regional exports […]
May 2025
Report No. 12 Energy Inflation in Latin America and the Caribbean (IE-LAC)

In February 2025, energy inflation in Latin America and the Caribbean reached 3.16% annually, mainly driven by increases in electricity rates following subsidy reductions in several countries, despite a 5.3% drop in oil prices. This dynamic has caused energy prices to continue rising, affecting both the industrial and residential sectors, even as international oil costs […]