Oil Markets Not Worried About Venezuela, McNally Says

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Oil markets are not expected to be significantly impacted by potential supply losses from Venezuela following US strikes, according to Bob McNally of Rapidan Energy Group.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Bob McNally, Rapidan Energy Group founder and president, says the oil markets won't be too worried about a loss in supply from Venezuela in the aftermath of US strikes. He speaks on "Balance of Power." (Source: Bloomberg)

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Original article published by Bloomberg on January 3, 2026.
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