Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

  • Posted on January 16, 2026
  • By CNBC
  • 5 Views
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary.
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CNBC

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