LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

March 20, 2026

Can Latin America Withstand a Global Oil Price Shock?

Global oil prices have risen to their highest levels in four years amid Iranian attacks on vessels in the Persian Gulf. A generated stock image is pictured. // File Photo: ImageBank4U via Adobe Stock.

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Top News

Shell, Venezuela Sign Oil Deals
Shell last week signed agreements with Venezuela’s government to advance multiple oil and gas projects, including at the long-stalled Dragon field.
Energy Transition IFC to Finance Wind Farm in Argentina
The World Bank’s International Finance Corporation said it will facilitate as much as $275 million in financing for the construction of a wind farm near Buenos Aires.
Petrobras to Hold Fuel Prices Steady Amid Global Supply Shock
Brazilian state-run oil firm Petrobras has no immediate plans to raise fuel prices, CEO Magda Chambriard told Bloomberg News on Monday. Brent crude oil spiked as high as $117 per barrel on Monday amid sustained conflict in the Middle East.

Complete editions of the Energy Services Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org

Jack Quinn
Reporter

jquinn@thedialogue.org

Lori Rampani
Reporter

lrampani@thedialogue.org

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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