Trump and Energy
Venezuela’s long road back
Read the latest Trump & Energy Flash Edition, spotlighting Venezuela in light of recent geopolitical developments, and what it would take for the country's oil production to bounce back.
'Trump and Energy' special report series
As we enter 2026, we're introducing Flash Editions for the Trump and Energy series, delivering rapid analysis of key geopolitical events and energy industry developments. The first of these breaking news editions focuses on Venezuela, the country's oil infrastructure and what it would take to lift its crude output to 3 million barrels per day (bpd).
In this series, you’ll get:
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The costs, conditions and timeline required to reach 3 million bpd
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What needs to happen across infrastructure, investment and execution
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The market implications for crude supply and regional balances
Access the full series, a condensed version of the full report available on the Rystad Energy Client Portal, and subscribe to receive future editions straight to your inbox.
Download the flash edition
Supply, demand and geopolitics: Oil markets in 2026
Let’s Talk Energy and dive into the global oil market to understand how supply, demand and geopolitics could influence prices for the most important traded commodity in the world.
Supply, demand and geopolitics: Oil markets in 2026
Let’s Talk Energy and dive into the global oil market to understand how supply, demand and geopolitics could influence prices for the most important traded commodity in the world.
Explore our previous report series
Our previous work includes three condensed versions of reports on how US policy shifts could reshape energy markets. Across the series, we look at tariffs and trade responses, possible changes to leasing, regulation and tax incentives, and what this could mean for oil and gas, power and renewables, supply chains, investment and global balances. The aim is to turn fast-moving developments into clear, practical takeaways.
Third Edition | August, 2025
Tariff policy has shifted from signaling to execution. This edition breaks down what the latest sectoral tariffs and trade moves could mean across oil, gas, power and clean energy – with key watchpoints on leasing/royalties and tax-credit changes. Download for the implications, scenarios and who’s most exposed.
Third Edition | August, 2025
Tariff policy has shifted from signaling to execution. This edition breaks down what the latest sectoral tariffs and trade moves could mean across oil, gas, power and clean energy – with key watchpoints on leasing/royalties and tax-credit changes. Download for the implications, scenarios and who’s most exposed.
Second edition | April, 2025
Trade policy uncertainty is back on the front page. Get a clear view of where tariffs could hit energy demand, supply chains and project economics – and how major economies may respond. Download to understand the transmission channels and near-term risks.
Second edition | April, 2025
Trade policy uncertainty is back on the front page. Get a clear view of where tariffs could hit energy demand, supply chains and project economics – and how major economies may respond. Download to understand the transmission channels and near-term risks.
First Edition | February, 2025
Early policy direction can reshape markets fast. This edition maps the administration’s domestic energy priorities and what they could mean for investment, pricing and global balances. Download for the key signals, likely outcomes and what to track next.
First Edition | February, 2025
Early policy direction can reshape markets fast. This edition maps the administration’s domestic energy priorities and what they could mean for investment, pricing and global balances. Download for the key signals, likely outcomes and what to track next.
Related insights
A selection of perspectives on the key issues shaping energy policy, trade impacts and global market dynamics.
Webinar | Rystad Talks Energy: Risks, reserves, geopolitics and oil market outlook
As geopolitical tensions rise, this edition of Rystad Talks Energy explores how risks, reserves and production trends are shaping the global oil market. Our experts examine supply fundamentals, OPEC+ strategy and demand uncertainty to highlight the key signals energy stakeholders should track in the year ahead.
Rystad's Take: In conversation with our CEO, January
In our January edition of Rystad’s Take, Jarand Rystad reflects on a rapidly shifting global energy landscape shaped by geopolitics, trade realignments, and uneven regional growth. From the implications of political turmoil in Venezuela to evolving trade dynamics between major economies, he shares his perspective on near- and long-term risks for energy markets.
Expectations and realities: 12 predictions for 2026 in energy
Looking into 2026, we expect strong upstream supply, softer energy prices, downstream bottlenecks and firmer margins in select segments. Geopolitics, policy shifts and volatility will shape OPEC+ strategy, LNG growth and M&A. We also examine how data‑center power demand could influence investment.
