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The last bearish overhang for crude — Venezuela — is now gone. Why one trader says oil will follow in gold’s footsteps.
Market Intelligence Analysis
AI-Powered
Why This Matters
The removal of Venezuela as a bearish factor in the crude oil market is seen as a positive development, leading one trader to predict a potential price increase similar to gold's performance.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
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.
Energy bears had one last hope: a Venezuelan production ramp. That’s over and the energy sector has never been cheaper, says Kevin Muir.
Original article published by
Unknown
on January 7, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.