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Enverus: Venezuela To Increase Oil Output 50% By 2035
Market Intelligence Analysis
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Why This Matters
Enverus predicts Venezuela's oil production to increase 50% by 2035, potentially tripling to 3 million barrels per day, with minimal impact on global markets due to the release of 30-50 million barrels to the U.S.
Market Context
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.
Industry consultant Enverus has predicted that Venezuela will increase oil production 50% and hit 1.5 million barrels a day by 2035 following the capture of long-time leader Nicolas Maduro by the Trump administration. In its most bullish scenario, Enverus envisions Venezuela’s production tripling to 3 million barrels per day over the next decade. However, Enverus has predicted that the 30-50 million barrels that Trump ordered Venezuela to relinquish to the U.S. will not have a major impact on global markets. “Even with accelerated…
AI Breakdown
Summary
Enverus predicts Venezuela's oil production to increase 50% by 2035, potentially tripling to 3 million barrels per day, with minimal impact on global markets due to the release of 30-50 million barrels to the U.S.
Market Context
Market impact analysis based on bullish sentiment with 80% confidence.
Time Horizon
Short Term
Original article published by
OilPrice.com
on January 14, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.