Oil price falls after Trump says Venezuela will send supply to US – business live - short news
Rolling coverage of the latest economic and financial news, as Brent crude drops back to $60 a barrel
Venezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to China
The value of the Venezuelan oil being claimed by Donald Trump could be as much as $2.8bn – if there is as much as 50 million barrels, at the current US crude price of $56 a barrel.
Trump’s move on Venezuela’s oil is attracting criticism.
“There is..
source: The Guardian - 07.01.2026