Trump Tells Oil Executives Venezuela Deal Will Create “Tremendous Wealth”

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President Trump has expressed optimism about a new Venezuela oil deal, stating it will create 'tremendous wealth' for US energy companies and the American economy.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Trump on Friday framed a sweeping new Venezuela oil deal as a once-in-a-generation opportunity for U.S. energy companies and the American economy, telling executives that the agreement would generate “tremendous wealth” for industry and “great wealth” for the American people. Speaking to a group of oil majors and traders, Trump called the companies “treasured partners in bringing the nation of Venezuela back to life,” while making clear that participation was optional, but competitive. If companies…

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Original article published by OilPrice.com on January 9, 2026.
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