Trump: The United States will immediately begin refining and selling 50 million barrels of Venezuelan oil
On January 9th, U.S. President Trump announced at a meeting that the United States would immediately begin refining and selling up to 50 million barrels of Venezuelan oil. Trump stated that Venezuela had provided the U.S. with 30 million barrels of oil and would decide which oil companies could enter the Venezuelan market. All countries could purchase the oil they needed, and Trump said that the U.S. would "almost immediately open for business." He also plans to hold another meeting with oil companies next week
On January 9, U.S. President Trump held a meeting at the White House with executives from major oil companies. Trump stated that they would discuss how oil companies could rebuild Venezuela's oil industry, with some funds flowing to Venezuela and the oil companies. Trump mentioned that Venezuela provided 30 million barrels of oil to the U.S. on the 8th. He also stated that the U.S. government would decide which oil companies would enter Venezuela, and that the oil companies would deal directly with the U.S. rather than with Venezuela. Trump further indicated that the U.S. would immediately begin refining and selling up to 50 million barrels of Venezuelan oil, and that all countries could purchase any amount of oil they wanted, with U.S. operations "almost immediately open." Trump said he would hold another meeting with oil companies next week. (CCTV)
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