Sou Hu Cai Jing·2026-01-06 00:50Core Viewpoint - The geopolitical turmoil in Venezuela following the U.S. raid on Caracas has led to significant disruptions in the country's oil exports, which may impact global oil supply and prices [1] Oil Market Impact - Venezuela, holding the largest proven oil reserves globally, has seen its oil exports nearly halted, creating a potential supply gap of around 1 million barrels per day [1] - The ongoing accumulation of land storage tanks and offshore floating storage may accelerate the pace of oil production cuts [1] - Geopolitical risks are expected to drive oil prices higher in the short term, although the global oil market remains in a supply surplus, with prices projected to fluctuate between $60 to $70 per barrel [1] Investment Opportunities - Companies involved in oil and gas production, as well as those producing asphalt, sulfur, and petroleum coke, are recommended for attention due to the anticipated market changes [1]