BUZZ-US oilfield services companies gain as Wright announces Washington's intention to resume Venezuelan oil flows

Reuters
2026.01.07 14:28
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Shares of U.S. oilfield services companies rose in premarket trading following Energy Secretary Chris Wright's announcement of the U.S. government's intention to resume Venezuelan oil flows. Brent crude futures increased by 0.1% to $60.77 per barrel. Wright indicated discussions with U.S. oil companies to facilitate their entry into Venezuela. President Trump confirmed a deal for the U.S. to import up to $2 billion worth of Venezuelan crude, following the ousting of President Maduro. Halliburton, SLB, and Baker Hughes saw respective gains of 1.6%, 1.1%, and 1.2%.