Goldman Sachs analysts are flagging an interesting dynamic in the energy market: if Venezuelan crude production ramps up significantly over the coming years following geopolitical shifts, the additional supply could put downward pressure on global oil prices in the long run.

This projection matters for more than just the energy sector. Historically, persistent oil price weakness tends to compress energy inflation, which can reshape capital allocation patterns across risk assets—including crypto markets that often track broader macroeconomic sentiment.

The bank's take suggests that any near-term supply constraints could eventually unwind once production stabilizes at higher levels, creating a potential ceiling on price appreciation. For traders monitoring macro headwinds, this is worth keeping on the radar.