International Market Highlight – February 26, 2026

Westlark Advisors International Market Highlight

Energy markets today are increasingly influenced by events that happen around the world. As markets continue to grow more intricate and interrelated, it is more important than ever to keep track of what is going on in the global energy industry.

The Westlark Team is committed to working with you as partners, helping your business reach its unique goals. As part of our commitment, we are directing more attention to global markets. Our increased focus, along with our expertise in North American markets, allows us to help clients navigate the complexities of energy markets throughout the world.

Providing a Weekly International Market Highlight

To demonstrate the value of our expanded focus, we provide an International Market Highlight each week. Pulled from our weekly report, the International Buzz! this Highlight focuses on key issues from our analysis of the global energy markets.

Every week, our team monitors issues that impact shipping, affect energy pricing, and influence market activity in specific regions.

Wherever your business operates, we can provide a steady hand and a shared commitment so you can confidently build sustainable value and growth.

charts and digital data, transparent with blue overlay with magnifying glass to the right; price protection MPGA convention; international market highlight

Westlark Advisors International Market Highlight

February 26, 2026

map of Chile - an emerging energy market

ARGENTINA

LPG exports grew 5% in 2025 thanks to increased production in Vaca Muerta, reaching 1,634 thousand tons for 695 million dollars and consolidating Brazil, Chile and Paraguay as the main destinations.

MIDDLE EAST

Saudi Aramco has canceled all March LPG term cargoes following a structural failure at the Juaymah NGL facility. This would negatively impact the market by eliminating up to 300,000 MTon of supply and tightening the market, pushing buyers towards scarce US alternatives and raising Asian CP swap prices.

map of USA; international market highlight

USA

The US market is facing increasing cost pressures due to Trump’s proposed 15% global tariff, in addition to the existing 50% tariffs on metals. This significantly raises US oil production costs, pushes the effective US tariff rate above 24%, and creates economic uncertainty throughout the supply chain.

map of Colombia (also shows Venezuela and Ecuador)

COLOMBIA

Colombia’s government says Ecopetrol cannot import gas or LPG from Venezuela without a required OFAC license, delaying any deal and forcing the country to seek alternative supplies and accelerate domestic investments to avoid a projected 20% gas deficit.

If you are interested in more expert market commentary like this, contact a Westlark Team member today!

I’d like to know more!

Westlark Advisors’ International Market Highlight

By Gabriel Amundarain

We Have You Covered

With Our Proven Process.

Rest easy knowing we’re your guide for energy industry market expertise and commodity advising.

2

savings icon

Savings Evaluation

We’ll analyze past year’s performance to identify pain points and areas for improvement, including a comprehensive savings evaluation.

3

solution icon

Choose Your Solution

We’ll recommend the best plan to meet the unique needs of your business and provide a detailed price estimate before getting started.

Testimonials

From Our Valued Customers.

We enjoy working with Westlark Advisors. Great people who have helped our business!

Will

Westlark Advisors has taken the burden of the everyday supply logistics off our plate and allowed us to focus on our operations in the critical times of the year. They have educated our team along the way and helped us brainstorm options/risks that fit our business model. Westlark Advisors has allowed the Tevis organization to explore opportunities within the supply and hedging arena that we would not have been exposed to without the relationship.

Dave

We experience less angst when making a futures purchase.*

Jeff

They not only taught us how to plan and diversify our supply, but also new ways to protect the price. They have been great at negotiating supply deals and putting plans in place to know we will be secure when the market is not. I am confident that if things get tight we will be in a better position than our competitors.

Troy

We can’t say enough about the high level of service the entire team provided us. We relied on them and they came through for us over and over. They are complete professionals and a pleasure to do business with.

Rick & Ann

It has been one of the best decisions that our company has ever made. The Westlark Advisors team have looked after our interests since day one, and have executed the plan each year very well.

James

Learn More

About Westlark Advisors

Westlark Advisors has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.

EnglishEspañol