From Quiver Quantitative:

Argentine President Javier Milei is proposing to revolutionize the country’s energy policy by eliminating decades of government intervention in the oil industry. His legislative proposal seeks to liberalize crude exports, allowing fuel prices to be determined by market dynamics, signaling a significant shift from traditional policies prioritizing domestic affordability. Milei’s plan is seen to benefit the Vaca Muerta region by attracting investment and growth in the sector. However, opposition and congressional negotiations remain possible hurdles to the bill’s uncertain future. Key energy giants like YPF, Chevron, and Shell, holders of ticker symbols CVX, SHEL, and VIST, stand to benefit from the free market.



Read more: Milei Proposes Historic Oil Sector Liberalization