Goldman Sachs Group pointed out that after the US captures the Venezuelan head of state, the long-term growth potential of the country's oil production may put downward pressure on global crude oil prices. Last weekend, the United States shocked the international community by taking military action against this South American country, capturing Nicolas Maduro, and claiming that it would “control” the country. Venezuela used to be a major oil producer, but in the past 20 years, its oil production has experienced a cliff-style decline. Analysts led by Dan Striven said in a report released on Sunday, “Any recovery process for Venezuelan oil production is likely to be gradual and partial due to aging infrastructure and the need for strong incentives to attract large-scale upstream investment.”

Goldman Sachs Group pointed out that after the US captures the Venezuelan head of state, the long-term growth potential of the country's oil production may put downward pressure on global crude oil prices. Last weekend, the United States shocked the international community by taking military action against this South American country, capturing Nicolas Maduro, and claiming that it would “control” the country. Venezuela used to be a major oil producer, but in the past 20 years, its oil production has experienced a cliff-style decline. Analysts led by Dan Striven said in a report released on Sunday, “Any recovery process for Venezuelan oil production is likely to be gradual and partial due to aging infrastructure and the need for strong incentives to attract large-scale upstream investment.”