Recently, Venezuela's energy crisis has attracted a lot of attention, but in contrast, the overall trend in the global energy market shows a different picture.

Looking at the latest data, the situation is quite interesting. The global daily production of liquid energy is about 108 million barrels, while actual consumption is around 105.7 million barrels. In other words, production exceeds demand by 2.36 million barrels per day. This gap may not seem large, but over time, global energy reserves continue to increase—indicating that supply is relatively abundant and the market is not tight.

From a trader's perspective, how this supply-demand imbalance will influence energy prices is indeed worth paying attention to. After all, energy costs impact the entire economic chain and subsequently affect the pricing of various assets. In this context, market participants need to closely monitor energy dynamics, as they are often an important macroeconomic indicator.