TMD Energy shares fall 10.37% after-hours as speculative rally reverses amid oil oversupply and Venezuela execution risks.

TMD Energy fell 10.37% in after-hours trading, driven by persistent bearish factors highlighted in recent analyses. The stock’s prior 140% rally, linked to optimism over U.S. military intervention in Venezuela and access to its 303 billion-barrel oil reserves, proved unsustainable amid fundamental headwinds. Global oil markets face oversupply, with a projected 2.7 million-barrel-per-day surplus through 2026, threatening crude prices. Rebuilding Venezuela’s infrastructure requires $100+ billion in long-term investment, underscoring execution risks and timeline uncertainties. TMD Energy, a penny stock with no Wall Street analyst coverage, lacks the scale of majors like Exxon or Chevron and faces delisting risks near $1 per share. The decline reflects investor caution as speculative sentiment wanes and fundamentals—rather than geopolitical hype—take precedence.