Norbert Rücker of Switzerland's Baosheng said in a research report that the immediate supply risk posed by the tense relationship between the US and Venezuela is minimal, and is unlikely to support a “sharp rebound” in oil prices in the short term. The head of economic and new generation research said that Venezuela's exports account for only a fraction of the current oil market's oversupply. Rücker pointed out that US intervention would have a greater impact on the long-term outlook and could have a negative impact. Upgrading the country's dilapidated oil infrastructure could take years, and there is a lot of uncertainty, he said.

Norbert Rücker of Switzerland's Baosheng said in a research report that the immediate supply risk posed by the tense relationship between the US and Venezuela is minimal, and is unlikely to support a “sharp rebound” in oil prices in the short term. The head of economic and new generation research said that Venezuela's exports account for only a fraction of the current oil market's oversupply. Rücker pointed out that US intervention would have a greater impact on the long-term outlook and could have a negative impact. Upgrading the country's dilapidated oil infrastructure could take years, and there is a lot of uncertainty, he said.