Xin Lang Cai Jing·2026-01-05 12:44Group 1 - The military intervention by the U.S. in Venezuela has heightened geopolitical risks, leading investors to flock to safe-haven assets like gold and silver, while oil prices showed only slight fluctuations despite the turmoil [1][2] - Venezuela, once the world's largest oil exporter, has seen its oil production plummet from 3.75 million barrels per day in the 1970s to around 1 million barrels per day currently, which is less than 1% of global oil production [2] - The stock prices of major Chinese oil companies, including China National Petroleum Corporation and China National Offshore Oil Corporation, fell significantly due to concerns over potential restrictions on Venezuelan oil exports and asset losses [2][4] Group 2 - Oil service and equipment stocks in both A-share and Hong Kong markets experienced significant gains, with companies like Baikin Oilfield Services and Shandong Molong seeing substantial price increases [4] - Chevron, the only major U.S. oil company operating in Venezuela, is expected to benefit significantly if Venezuelan oil extraction is opened up, as it plans to invest billions to repair the country's oil infrastructure [4] - U.S. energy stocks, including Schlumberger and Halliburton, saw pre-market gains, reflecting optimism in the oil services sector amid the geopolitical developments [4]