Venezuela, Maduro and Oil prices
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Crude oil fell in early futures trading Sunday evening, while stock index futures started in the green The moves come after the U.S. operation in Venezuela that removed President Nicolás Maduro from Caracas.
Crude oil futures traded lower on Sunday evening as traders bet that the capture of Venezuelan strongman Nicolas Maduro by U.S. forces over the weekend would help boost supplies in the global market.
Trump says the US will look to tap Venezuela's oil. Venezuela has the most oil reserves, but only accounts for 1% of global production.
1don MSN
U.S. seeks to tap Venezuela's vast oil reserves after military strikes. Here's what to know.
President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to know about Venezuela's oil sector.
PALM BEACH, Florida Jan 3 (Reuters) - President Donald Trump said that American oil companies were prepared to tackle the difficult task of entering Venezuela and investing to restore production in the South American country, an announcement that came just hours after Nicolás Maduro was captured and removed by U.S. forces.
The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost,
The U.S. toppling of socialist leader Nicolás Maduro threatens to transform the hemisphere’s crude oil markets - possibly weakening prices - on the prospect of Venezuela’s heavy oil production returning to feed U.S. refineries. That would put it in competition with the Canadian output that dominates U.S. imports.
Trump’s actions in Venezuela yesterday sent shockwaves around the world, yet his intentions are not as clear as he makes them out to be.
WTI crude oil futures (CL1:COM) will be in focus after the U.S. on Saturday said it had conducted a strike against Venezuela and captured its leader, Nicolás Maduro. The move marked a culmination of escalating tensions between the two nations in which the U.