Oil Prices Likely to Move Higher on Venezuelan Turmoil, Ample Supply to Cap Gains
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Category: WARS & RUMORS OF WARS
Summary:
Oil prices are expected to rise when futures trading resumes due to concerns over potential supply disruptions following the U.S. removal of Venezuelan President Nicolas Maduro and President Trump's statement on U.S. control of Venezuela. Despite the political turmoil, the country's oil production and refining infrastructure remain undamaged, although exports have been halted since January 1 due to a U.S. blockade on sanctioned tankers. Venezuela's oil output has been cut as storage capacity fills up, with Chevron being the only major producer still exporting under U.S. authorization. While geopolitical tensions with Venezuela and Iran may cause modest price increases, ample global oil supply and steady OPEC+ output levels are expected to limit significant market impact.
Mysterion Insights
Scripture: Proverbs 21:30-31
"There is no wisdom, no understanding, and no counsel against the Lord. The horse is prepared for the day of battle, but victory belongs to the Lord."
Commentary:
Power struggles over resources often reveal how quickly stability can shift. Oil markets are sensitive to political reversals, and even global investors feel the tension of sudden disruption. Despite layered strategies and calculated responses among national leaders, Scripture grounds every move under God’s sovereignty. Events like these echo prophetic patterns where nations jostle for control, yet ultimate authority over outcomes isn’t theirs. People watching this situation sense how delicate even large systems are. Political change outside of biblical land also testifies to the continuing birth pangs Scripture describes for the present age.
Prophetic Trend:
Resource-driven instability is exposing how global power struggles align with Scriptural patterns of unrest in the nations.
Mysterion Prophetic Impact Rating: C - Measured  What does this mean?
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Source Excerpt:
FILE PHOTO: The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025. Photo: REUTERS/Juan Carlos Hernandez/File Photo Oil prices are likely to move higher when benchmark futures resume trading later on Sunday on concern that supply may be disrupted after the United States snatched Venezuelan President Nicolas Maduro from Caracas at the weekend and President Donald Trump said Washington would take control of the oil-producing nation. There is plentiful oil supply in global markets, meaning any further disruption to Venezuela’s exports would have little immediate impact on prices, analysts said. The US strike on Venezuela to extract the country’s president inflicted no damage on the country’s oil production and refining industry, two sources with knowledge of operations at state oil company PDVSA said at the weekend. Since Trump imposed a blockade of sanctioned oil tankers entering or leaving Venezuelan waters and seized two cargoes last month, exports have fallen and have been completely paralysed since January 1. That has left millions of barrels stuck on loa...
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Source: Algemeiner
Posted on 01-04-2026 19:04