Vitol and Trafigura: Traders at the Heart of Trump’s Venezuela Oil Grab

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Why This Matters

The US administration has partnered with Vitol and Trafigura, two foreign trading houses, to sell billions of dollars' worth of Venezuelan oil, highlighting the role of these companies in the US's oil grab in Venezuela.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
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 Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his administration wanted to sell several billion dollars’ worth of the fuel quickly, the experts it turned to were a couple of foreign trading houses.

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Original article published by Bloomberg on January 25, 2026.
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