U.S. President Donald Trump signaled that American producers could resume operations in Venezuela’s oil industry within roughly 18 months, following the removal of Nicolas Maduro, potentially unlocking investment in the country with the world’s largest proven reserves. The prospect of renewed U.S. corporate activity in Venezuela comes as global crude benchmarks, including Oil – US Crude, remain sensitive to supply-side shifts in key producing regions, while gas markets track changing expectations for associated production and export flows, influencing sentiment in Natural Gas.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Over the past month, Oil – US Crude has slipped about 0.95%, reflecting a relatively modest pullback amid evolving geopolitical and supply narratives, with its 1-day technical view currently indicating a cautious Hold stance. In contrast, Natural Gas has declined sharply by roughly 23.29% over the same period, underscoring ongoing weakness tied to ample supply and tempered demand signals, and its short-term technical rating points to a bearish Sell signal. Investors can explore more updates, prices, and analysis across global markets at Commodities.