Reuters
@Reuters·4.2M subscribers·86.9K videos
Can US companies profit from Venezuela's oil?
Posted
January 5, 2026
Views
23,390
Likes
289
Engagement
1.24%
January 5, 2026
23,390
289
1.24%
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1:33Now PlayingPresident Trump says U.S. oil companies are going to invest billions in Venezuela, which has the world's largest proven crude reserves. But it might not be that simple, Elena Casas explains, because Venezuela's oil industry is in such a poor state that it would take billions of dollars in investment to meaningfully boost its output.
#oil #venezuela #usa #economy
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