OPEC kept oil supply levels steady last December, even as Venezuela's output continued its downward slide. The production figures reveal an interesting market dynamic—while the cartel maintained equilibrium overall, individual members like Venezuela faced deepening constraints. This supply data matters beyond just energy markets; stable or tightening crude production directly feeds into inflation expectations, energy costs, and broader macroeconomic conditions that shape asset valuations. For those tracking how traditional markets influence crypto cycles, energy economics remains a crucial variable worth monitoring.