Venezuela's Cardon refinery (310k BPD) restarting units after power blackouts, according to source reports

Context

The restart of Venezuela's Cardon refinery units is a positive development for crude supply, suggesting a potential increase in output following disruptions from power blackouts. This could lead to a softening of supply concerns in the energy markets, especially if the restart signifies a more stable operational environment in the region. Keep an eye on how this impacts crude prices and broader energy sentiment.

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