Venezuela’s Oil Output May Rise in the Long Term, Goldman Says

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Goldman Sachs predicts a potential increase in Venezuelan oil production in the long term, which could put downward pressure on oil prices.

Market Impact

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

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The scope for higher Venezuelan oil production in the long run after the US intervention may eventually pressure prices, according to Goldman Sachs Group Inc.

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Original article published by Bloomberg on January 5, 2026.
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