WASHINGTON: President Donald Trump said on Friday that the United States will decide which oil companies are permitted to invest in Venezuela’s oil industry as part of efforts to reopen the country’s beleaguered energy sector. Trump made the remarks after a White House meeting with executives from major oil firms, where he pushed for up […]
Chevron
Venezuela to export $2 billion in oil to US under Trump-Rodriguez deal
WASHINGTON/CARACAS: Venezuela and the United States have reached a deal for Caracas to export up to $2 billion worth of crude oil to the US, President Donald Trump announced Tuesday, a landmark agreement redirecting shipments from China while easing pressure on Venezuela’s oil sector. Read More: Oil prices rise as Venezuela bonds surge after US captures Maduro The […]
Oil prices rise as Venezuela bonds surge after US captures Maduro
HOUSTON: Oil prices jumped on Monday following the US capture of Venezuela President Nicolas Maduro, as traders weighed potential disruptions to crude flows from the OPEC member with the world’s largest oil reserves. Read More: Oil prices ease amid Venezuela, Russia concerns Brent crude futures rose 96 cents, or 1.58pc, to $61.71 a barrel, while US West […]