24 Hrs
Source:
Sharjah24
Trump: Venezuela's OPEC exit is its choice
U.S. President Donald Trump affirmed that Venezuela's decision to withdraw from OPEC is made independently by Caracas, following reports suggesting that the country intended to do so. Amidst increasing U.S. control over Venezuela's oil sector, Trump announced an agreement granting the United States control over 17 major oil fields in Venezuela, which contain approximately 64 billion barrels of reserves, with the potential to supply 1.5 million barrels per day to the United States. Trump also emphasized that American companies such as ExxonMobil and Chevron are committed to investing in the country.
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