by Offshore Energy- Melisa Cavcic As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 […] The post Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change appeared first on Capitol News.