Neil Shearing of KITU Macro told investors in a report that after US President Trump led the attack on this South American country and captured its leader Nicolas Maduro, Washington's strong intervention in Venezuela may accelerate geopolitical transformation, but the direct macroeconomic impact is limited. But even if a more pro-American government increases oil production after Caracas comes to power, the impact on global market supply will be minimal, Shearing said. “In short, we don't think what happened over the weekend will have a significant impact on the global oil market, nor on the global economic outlook as a result,” he said.

Neil Shearing of KITU Macro told investors in a report that after US President Trump led the attack on this South American country and captured its leader Nicolas Maduro, Washington's strong intervention in Venezuela may accelerate geopolitical transformation, but the direct macroeconomic impact is limited. But even if a more pro-American government increases oil production after Caracas comes to power, the impact on global market supply will be minimal, Shearing said. “In short, we don't think what happened over the weekend will have a significant impact on the global oil market, nor on the global economic outlook as a result,” he said.