Oil prices slipped in early Asian trade on Monday on ample supply despite concerns about political upheaval in OPEC member Venezuela disrupting shipments.
President Donald Trump has called on U.S. oil companies to invest in Venezuela after the overthrow of President Nicolas Maduro. Venezuela, a founding member of OPEC, sits on the largest proven crude oil reserves in the world.
The U.S. ouster of Nicolás Maduro could open a new chapter for Venezuela's oil sector, Jefferies analysts said.
Global investment strategist Marko Papic, referencing the 1980s Chuck Norris vehicle “The Delta Force,” says traders could start demanding higher prices as the U.S. rediscovers a taste for regime change.
Investors were bracing for futures to start trading later on Sunday after the U.S. captured Venezuela's President Nicolás Maduro.
Oil prices (CL=F) fell about 18% in 2025. In the video above, Raymond James equity research analyst Pavel Molchanov shares two reasons why prices fell so much.
OPEC+ will likely maintain steady oil output at its meeting on Sunday, OPEC+ delegates said, despite political tensions between key members Saudi Arabia and the UAE, and the U.S. capture of the president of smaller producer Venezuela.
Having attacked Venezuela and deposed its president, Nicolas Maduro, US President Donald Trump now says he has big plans for the country's oil industry and its vast reserves. -------- More on Bloomberg Television and Markets Like this video?
The U.S. conducted a large-scale attack on Venezuela overnight, capturing President Nicholas Maduro and his wife. Analysts told CNBC that the government overthrow is unlikely to disrupt oil markets as the South American nation produces only about 800,000 barrels of oil a day.
President Donald Trump said American oil companies will “spend billions of dollars” to fix oil infrastructure in Venezuela following the capture of Venezuelan President Nicolas Maduro by US forces in an early morning raid Saturday. -------- More on Bloomberg Television and Markets Like this video?
U.S. oil companies will invest billions of dollars in Venezuela's energy sector after the overthrow of Nicolas Maduro, President Donald Trump said.
Less than an ounce of silver can buy a barrel of oil, the first time that has happened since the Hunt brothers tried to corner silver in 1980. That's not normal.