New ‘Wall of Non-OPEC Oil’ Emerges as US Takes Control of Venezuela’s Crude

Jan 4, 2026 - 19:00
WASHINGTON — The global oil market is bracing for what could be the most significant non-OPEC supply surge in recent history, as the United States moves to seize control of Venezuela’s oil production following the capture of President Maduro and his wife on Saturday. Analysts warn that OPEC may face a new challenge in balancing […]