Investors were bracing for futures to start trading later on Sunday after the U.S. captured Venezuela’s President Nicolás Maduro.

"The physical global oil market situation remains the same. Oil prices have declined due to an oversupplied global oil market."

Oil futures fell Sunday night in the first trading session since the U.S. ousted Venezuelan strongman Nicolás Maduro and President Trump subsequently pledged to dispatch American drillers to revive the country’s crude output.

The oil market was already under pressure before the latest development, with crude futures falling 20% last year.

Crude oil futures stall at the 50-day average as U.S. growth, Venezuela tensions, and rising inventories shape the short-term outlook for traders.

Crude oil prices have plunged to ₹5,200 per barrel as oversupply and tariff worries continue to affect the market. The decline marks the worst annual performance since 2020, with significant impacts expected on the Indian economy.

Crude oil futures rise as Russia and Ukraine trade accusations over civilian attacks, impacting global market dynamics.

Geopolitical risks, shifting supply pressures and key moving averages guide crude oil sentiment as traders assess WTI trends and short-term volatility.

Oil futures were lower to start the year with concerns about oversupply partially contained by geopolitical risks.