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Venezuela’s Dwindling Oil Storage Imperils Output: Kpler
Market Intelligence Analysis
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Why This Matters
Venezuela's oil storage is nearing capacity, threatening a significant decline in oil production within weeks due to a combination of storage constraints and a US naval blockade in the Caribbean.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Venezuelan oil production is at risk of severe decline within weeks as storage tanks approach full capacity and many ships steer clear of Caribbean waters to avoid a US naval blockade, according to maritime intelligence firm Kpler Ltd.
Original article published by
Bloomberg
on January 6, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.