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Venezuela Output Recovery Outlook Weighed Against Firm Oil, Divergent Gas Signals

Venezuela Output Recovery Outlook Weighed Against Firm Oil, Divergent Gas Signals

The U.S. Energy Information Administration expects Venezuela’s crude output to rebound to pre-blockade volumes by mid-2026 as expanded U.S. licensing allows broader oil-related transactions, potentially easing some supply constraints in global markets. The outlook is relevant for benchmark contracts including Oil – Brent Crude, Oil – US Crude, and Natural Gas, as investors weigh future production trajectories against current price strength.

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Over the past month, Brent futures have advanced about 7.53% and currently carry a 1-day technical stance of Strong Buy%, while WTI has risen roughly 7.40% with a similar short-term reading of Strong Buy%. U.S. natural gas prices are up about 9.20% in the last month but face a contrasting near-term signal of Sell%, highlighting a divergence between recent momentum and technical positioning. Investors can explore more updates, prices, and analysis across global markets at Commodities.

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