U.S. Mulls Venezuela Sanctions Relief as Crude and Gas Show Short-Term Bullish Signals

The U.S. government is weighing partial sanctions relief for Venezuela’s oil sector to facilitate renewed activity by American energy companies, according to a Reuters report. The proposed move would involve a broad waiver allowing firms to operate in the country without breaching existing restrictions, following a $2 billion production-focused deal announced by President Trump after the removal of President Nicolas Maduro. Any easing of constraints on Venezuela could influence global supply dynamics for both Oil – Brent Crude and Oil – US Crude, while broader energy-market sentiment may also affect Natural Gas, as investors reassess geopolitical risk premia and potential incremental barrels entering the market.

Over the past month, Oil – US Crude has advanced about 8.18%, while Oil – Brent Crude has gained approximately 9.03%, reflecting a firming crude complex as traders price in supply-side shifts and macroeconomic expectations. Natural Gas has been notably more volatile, climbing roughly 21.06% in the same period, which may signal heightened sensitivity to seasonal demand and production trends. On a short-term basis, 1-day technical indicators for Brent Crude currently point to a Buy stance, Oil – US Crude also shows a 1-day Buy signal, and Natural Gas is similarly flagged with a 1-day Buy signal, suggesting near-term bullish momentum across the energy complex as markets digest potential U.S. policy shifts toward Venezuelan supply. Investors can explore more updates, prices, and analysis across global markets at Commodities.