MEXICO CITY, Feb 4 (Reuters) - Argentina, Guyana and

Brazil will lead Latin American oil production growth in 2026,

adding ‌more than 700,000 barrels per day ​and outcompeting

Venezuela through at least ‍2030, according to Rystad ⁠Energy

analysis.

KEY ⁠CONTEXT

-- Latin America's oil production is ‌forecast to exceed ​8.8

million barrels per day this year, Rystad Energy ⁠said in ‍a ​note

sent on Wednesday.

-- Brazil will remain the primary growth engine, ‍with

production exceeding 4.2 million bpd, driven by pre-salt

developments.

-- Argentina's shale investment will grow from $9.4 billion

in 2025 to nearly $11 ​billion ‍in 2026.

-- Offshore deepwater investment is expected to ​reach $42

billion, up 7.7% from 2025.

-- Venezuela could add 300,000 bpd in the short term, but

legal uncertainties persist, the analysis said.

-- Traders ​including Trafigura and Hilcorp

are pursuing near-term Venezuelan opportunities

following sanctions relief.

(Reporting by Kylie ‍Madry, Editing by Iñigo Alexander)