US President Trump says the largest oil companies are coming to the White House at 19:30 GMT / 14:30 EST for a meeting about Venezeula; A very big factor in this involvement will be the reduction of Oil Prices

Trump's meeting with major oil companies, focusing on Venezuela, signals a potential shift in U.S.

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US President Trump says the largest oil companies are coming to the White House at 19:30 GMT / 14:30 EST for a meeting about Venezeula; A very big factor in this involvement will be the reduction of Oil Prices

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  • Trump apologises to those oil companies that they cannot take today, but Secretary of Energy Wright, and Secretary of the Interior Burgum, will see them over the next week.
  • Everyone is in daily contact.
  • "A very big factor in this involvement will be the reduction of Oil Prices for the American People. Additionally, and perhaps most importantly of all, will be the stoppage of Drugs and Criminals coming into the United States of America."
Context

energy policy and its impact on oil prices. This could influence market sentiment significantly, especially for oil-related assets and commodities, while also underscoring the administration's stance on intertwining energy strategy with broader geopolitical issues, including drug trafficking concerns.

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