As of 2026-09-01 14:03 UTC.Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The Trump administration announced a major oil deal with Venezuela on Friday that purportedly gives the United States rights to 65 billion barrels of Venezuelan oil, representing 20 percent of the country's oil reserves. [1]
Aldo Civico argues that US opposition leader María Corina Machado should demonstrate independence from Washington and recover her political autonomy. [2]
The business partner selected for the joint oil venture is a company headed by Alejandro Betancourt, who is under investigation for money laundering in Switzerland and was found by Transparencia Venezuela in 2018 to have overbilled the Venezuelan government by $2.9 billion. [3]
The negotiation was conducted in secret, and Reuters reports that the agreement did not pass through a competitive process, with no written agreement or contract made public. [4]
The Wall Street Journal reports that the joint oil venture created by the deal would be the world's second-largest corporate holder of proven reserves after Saudi Aramco. [5]
A recent agreement announced by the United States grants private companies majority control and operation of 17 strategic oil fields in Venezuela. [6]
President Trump revealed the US intentions to secure oil resources and praised Delcy Rodríguez while dismissing María Corina Machado. [7]
The US-Venezuela pact ensures American access to 65 billion barrels of proven oil reserves. [8]
What this stands on
The Trump administration announced a major oil deal with Venezuela on Friday that purportedly gives the United States rights to 65 billion barrels of Venezuelan oil, representing 20 percent of the country's oil reserves. · cato.org
Aldo Civico argues that US opposition leader María Corina Machado should demonstrate independence from Washington and recover her political autonomy. · El Espectador
The business partner selected for the joint oil venture is a company headed by Alejandro Betancourt, who is under investigation for money laundering in Switzerland and was found by Transparencia Venezuela in 2018 to have overbilled the Venezuelan government by $2.9 billion. · cato.org
The negotiation was conducted in secret, and Reuters reports that the agreement did not pass through a competitive process, with no written agreement or contract made public. · cato.org
The Wall Street Journal reports that the joint oil venture created by the deal would be the world's second-largest corporate holder of proven reserves after Saudi Aramco. · cato.org
A recent agreement announced by the United States grants private companies majority control and operation of 17 strategic oil fields in Venezuela. · El Espectador
President Trump revealed the US intentions to secure oil resources and praised Delcy Rodríguez while dismissing María Corina Machado. · El Espectador
The US-Venezuela pact ensures American access to 65 billion barrels of proven oil reserves. · El Espectador
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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