US President Trump says they are getting along well with the interim government in Venezuela

The positive dialogue between President Trump and Venezuela's interim government signals a potential easing of tensions, particularly in the energy sector.

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

US FX WRAP: Dollar firmer following mixed NFP report; Yen weighed by potential Japanese Lower House election

US Commerce Dept. drops plan to impose restrictions on Chinese-made drones, according to a filing

US President Trump says they are getting along well with the interim government in Venezuela

Merck (MRK) reportedly in talks to acquire Revolution Medicines (RVMD) for USD 30bln, according to WSJ

US President Trump says the US, in coordination with Venezuela, seized an oil tanker which departed Venezuela without approval; the oil will be sold through the energy deal they have created

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Venezuela supplied 30mln barrels of oil to the US yesterday worth USD 4bln.
  • Will make decision about which oil companies will go into Venezuela.
  • US to immediately begin refining and selling up to 50mln bbls of Venezuelan oil.
  • Giant oil companies will spend USD 100bln of their money.
  • Will have another meeting next week. 
Context

With Venezuela supplying oil to the U.S. and plans for significant investments from big oil companies, markets may react to the implications for oil supply dynamics and U.S. energy independence. Keep an eye on how these developments could impact commodity prices, particularly crude oil, and related currencies.

Related headlines

The whole workspace, free to try.

Try it free