Trump: The United States will immediately begin refining and selling 50 million barrels of Venezuelan oil

Wallstreetcn
2026.01.09 21:07
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On January 9th, U.S. President Trump announced at a meeting that the United States would immediately begin refining and selling up to 50 million barrels of Venezuelan oil. Trump stated that Venezuela had provided the U.S. with 30 million barrels of oil and would decide which oil companies could enter the Venezuelan market. All countries could purchase the oil they needed, and Trump said that the U.S. would "almost immediately open for business." He also plans to hold another meeting with oil companies next week