U.S. Sells First Venezuela Oil Cargo for $500 Million
Market Intelligence Analysis
AI-PoweredThe US has sold its first cargo of Venezuelan oil for $500 million, with more sales expected in the coming days, as part of a deal to acquire 30-50 million barrels of crude from Venezuela.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The United States has sold the first cargo of Venezuelan cargo it received from the country after the ousting of President Nicolas Maduro. The sale fetched $500 million, an unnamed Washington official told media. CNN quoted the source as saying there would be more sales in the coming days. Earlier this month, President Donald Trump said Venezuela would “turn over” between 30 and 50 million barrels of its crude to the U.S. Reuters quoted the Washington official as saying the proceeds of the sale were out into bank accounts under the…
Analysis and insights provided by AnalystMarkets AI.