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Trump’s Energy Chief Says Venezuela Poised to Double Oil Output
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsCommodities & Raw Materials
US Energy Secretary Chris Wright said companies are nearing a series of deals that could put Venezuela on a path to rapidly expand crude output. While no volumes or timing were specified, the update points to potential incremental supply that could modestly influence crude market expectations.
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