January 6, 2026 12:13 PM
Global oil markets show muted reaction to Venezuela political upheaval
Two days after U.S. forces captured Venezuelan President Nicolás Maduro in a surprise operation in Caracas, global energy markets opened to cautious trading, with oil prices showing only modest movement despite the geopolitical shock. Futures briefly firmed in Asian trade on Monday, but analysts said the muted reaction reflected Venezuela’s sharply diminished output, now below one million barrels per day, and a market already weighed down by surplus supply and weak demand. The developments co...


