Argentinian Energy Minister says oil production could reach 1mln barrels this year

The statement from the Argentinian Energy Minister suggests a potential increase in oil supply, which could impact global prices given the scale of 1 million barrels.

Newsquawk StaffPublished 14 Apr 2026, 14:42 UTCOn the live feed at 14:22 UTC — 7 more headlines followed before this page went public

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Argentinian Energy Minister says oil production could reach 1mln barrels this year

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Context

If realized, this boost could indicate a shift in production dynamics, especially amid existing global demand uncertainties, possibly alleviating some upward pressure on WTI prices. Market participants will need to monitor how this plays into overall supply-demand balances as well as geopolitical considerations.

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