石油市场周报：壁垒后的原油 -委内瑞拉与俄罗斯-Oil Markets Weekly_ Barrels behind barriers—Venezuela and Russia

Global Commodities Research Natasha Kaneva (1-212) 834-3175 natasha.kaneva@jpmorgan.com Lyuba Savinova (1-212) 270-3781 lyuba.savinova@jpmchase.com JPMorgan Chase Bank NA J P M O R G A N Global Markets Strategy 19 December 2025 Oil Markets Weekly Barrels behind barriers—Venezuela and Russia See page 28 for analyst certification and important disclosures. {[{jTiV3YMC0MR2H-KuBHT9QiaqN9x_-k7BtiiiDrP3kH6h8QrNxllBk7Iw66x--QkHaIMO36Coqm6GInms}]} • The sharp drop in WTI to $55/bbl this week presented an opportunit ...