Global Scans · Argentina · Weekly Summary

WHAT'S NEXT?: Argentina domestic activity will be held back by rising inflation and the impact of numerous policy-induced economic distortions.

• [New] Argentina's oil production is expected to average 810,000 b/d in 2026, up from 740,000 b/d in 2025 and 670,000 b/d in 2024. oilprice.com
• [New] Argentina is expected to retain its position as the world's leading soybean meal exporter, with shipments forecast at 29 million tonnes. UkrAgroConsult
• [New] Argentina is projected to export 8.2 million tonnes of soybeans in 2026, up 5% from the previous year and marking the highest volume since the 2019-20 season. UkrAgroConsult
• [New] Argentina's economy is expected to expand by 3.8% in 2026, second only to Paraguay in South America, which is forecast to grow by 4.5%. FX Leaders
• [New] Production outside the broader OPEC + alliance will increase by 610,000 barrels a day in 2027, led by Brazil, Canada, Qatar and Argentina, a marginal dip from 2026's expected gains. Baton Rouge Business Report
• [New] Strategic pivots for trading houses will likely involve securing more off-take agreements in Australia and Argentina to hedge against a Black Sea shortfall. Valley City Times-Record
• [New] Enap will use Argus price assessments in its contracts to purchase crude oil from companies operating in the Vaca Muerta formation, in the southern Argentinian province of Neuquen. Morningstar, Inc.
• [New] Argentina's mining sector faces several risk categories that could impact future performance trajectories. Discovery Alert
• EIA has forecast significant production growth by Argentina in 2026, mainly driven by its massive Vaca Muerta shale reserves. oilprice.com

Last updated: 22 January 2026