The Goldman Sachs commodities research team said in the research report that the risks posed by the turbulent situation in Venezuela to oil prices may be unclear and have limited impact, depending on the direction of the US sanctions policy. On the one hand, Venezuelan crude oil production is likely to rise slightly in the short term, including when the US-backed government comes to power and sanctions are completely lifted. On the other hand, disruptions in Venezuelan crude oil deliveries may continue or even intensify in the short term, as Maduro's cabinet re-consolidates control.

The Goldman Sachs commodities research team said in the research report that the risks posed by the turbulent situation in Venezuela to oil prices may be unclear and have limited impact, depending on the direction of the US sanctions policy. On the one hand, Venezuelan crude oil production is likely to rise slightly in the short term, including when the US-backed government comes to power and sanctions are completely lifted. On the other hand, disruptions in Venezuelan crude oil deliveries may continue or even intensify in the short term, as Maduro's cabinet re-consolidates control.