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00:02Oil markets are unlikely to see major near-term disruption following Trump's overthrow of Venezuela's
00:07President Nicolas Maduro, analysts told CNBC. Markets had already priced in conflict risk,
00:13while Venezuela's oil output remains under 1% of global production and exports total about
00:19500,000 barrels per day. Analysts expect Brent crude to rise only $1 to $2 when trading opens,
00:25then edge lower from Friday's $60 and $0.75 close. The global oil market remains oversupplied after
00:32a steep 2025 price decline and rising output from OPEC Plus and the U.S. Analysts said the regime
00:39change could pressure prices longer term if sanctions ease and production expands. Trump
00:44said the embargo on Venezuelan oil remains in effect and said U.S. oil companies will invest
00:49billions of dollars to rebuild the country's energy sector. He did not provide details on the
00:54companies involved, the investment structure, or how the U.S. would temporarily manage Venezuela.
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