Charles Schwab(US:SCHW) Zhi Tong Cai Jing·2026-01-08 09:44Group 1 - The core viewpoint is that the decision by OPEC to cut production may limit the short-term decline in oil prices, while long-term futures contracts could see significant drops due to anticipated supply increases [1] - The impact of Venezuela's heavy crude oil entering the market will take time, potentially years, which may result in less influence on near-term contracts [1] - Global market reactions to the unstable situation in Venezuela have been relatively stable so far, with future developments largely dependent on U.S. intervention and responses from other major oil-producing countries [1] Group 2 - Venezuela's oil production has decreased from over 3 million barrels per day to below 1 million barrels, while U.S. production stands at 13 million barrels per day [1] - Despite Venezuela not being a major oil exporter, concerns over potential commodity impacts may lead to continued oil price volatility [1] - The Federal Reserve's recent decisions are expected to be minimally affected by the situation, but a decline in oil prices could help alleviate current inflation issues and create conditions for looser monetary policy, which would be a positive signal for the stock market [2]