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US energy firms dominate Venezuela deals worth billions

finance.yahoo.com September 2, 2026 · 4:54 pm Read Original

Strong Bullish 100.0

−100 Bearish 0 +100 Bullish

US energy firms on Wednesday signed a raft of multibillion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves.Energy Secretary Chris Wright traveled to Caracas to oversee the signing of deals worth "tens of billions of dollars of investment," seen as a quid pro quo for Washington winning majority control of 65 billion barrels of Venezuelan oil reserves.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source finance.yahoo.com

Published Sep 2, 2026 · 4:54 pm

Article ID 03XYKIB

Original URL Open source

Strong Bullish 100.0

−100Neutral+100

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