Oil Prices Fall as Trump Says Venezuela Will Turn Over Up to 50 Million Barrels ...Middle East

Oil prices extended losses in early Asian trade on Wednesday as President Trump claimed that Venezuela would be "turning over" between 30 and 50 million barrels of oil. Markets are increasingly seeing the capture of Maduro and growing U.S. pressure on Venezuela as bearish for oil prices, with expectations that more Venezuelan oil will hit an already oversupplied oil market. At the time of writing, West Texas Intermediate was trading at $56.32 a barrel, down 1.42%, while Brent crude had dropped 1.07% to trade just above $60.  If Trump's claims…

Hence then, the article about oil prices fall as trump says venezuela will turn over up to 50 million barrels was published today ( Wednesday 07/01/2026 - 05:49 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Fall as Trump Says Venezuela Will Turn Over Up to 50 Million Barrels )

Also on site :

• SalesRabbit Acquires Roofle to Unify Field Sales, Online Buying, and Production for Roofing and Home Improvement Contractors
• OpenAI Selects b.well to Power Secure Health Data Connectivity for AI-Driven Health Experiences in ChatGPT
• Univers Debuts EnOS™ AI Box, Powered by AMD, at CES 2026, Enabling Real-Time Intelligence at the Edge