On Friday, February 13th, 2026 the U.S. eased sanctions and let major oil companies back into Venezuela.
More barrels hitting the global market.
More supply usually means one thing...price pressure.
And when prices get squeezed:
- Marginal wells get cut
- Drilling slows
- Rig counts flatten
- Competition gets tighter
Their crude is heavy. Ours is light.
Doesn’t matter, global pricing hits everyone.
Be honest, are things steady in your field, or are you already seeing hesitation?