Analysts note that investors are bracing for the opening of U.S. stock markets and oil futures later this Sunday evening local time. Patrick DeHaan, chief oil analyst at GasBuddy, said oil futures could see volatility. In the short term, if market concerns persist regarding the Venezuelan regime and its near-term oil output, oil futures may “rise slightly due to uncertainty.” Additionally, OPEC reiterated on Sunday that it would suspend production increases in the first quarter. DeHaan noted that oil prices could eventually decline once the political situation stabilizes. “I expect to see quite a bit of volatility at the open. I think the market sentiment will be: short-term risk, long-term optimism,” he said. WTI crude is currently trading at around $57 per barrel, while Brent crude is trading at around $61 per barrel. Futures trading begins at 6 p.m. on Sunday (7 a.m. Monday Beijing time).