Post

#USVenezuelaOilDeal


US VENEZUELA OIL DEAL A 25 YEAR RESET FOR CRUDE FLOW

A historic energy pact is taking shape

Venezuela interim leader Delcy Rodriguez hailed a new bilateral accord with the US as a 25 year deal set to revive output lift state revenue and reshape the country future Under the terms 19 dollars from each barrel sold to the US will flow to Caracas

The US took control of Venezuela oil exports after early January moves with sales proceeds held in a US supervised fund in Qatar Sales under the pact are seen hitting 2B dollars by end of February after a first 500M sale in January

WHAT THE DEAL COVERS

Long term access to a slice of Venezuela vast crude reserves the largest proven pool in the world

Migration of Chevron joint ventures into a new legal frame giving the US major more control and room to grow heavy oil fields like Petropiar

A planned 35 percent US passive share in North American Blue Energy Partners linked to businessman Alejandro Betancourt

Broader licenses to let more traders and refiners beyond Vitol and Trafigura buy Venezuelan crude via the US market

WHY IT MATTERS FOR OIL

Venezuela holds huge reserves but pumps only about 1.25M barrels per day after years of low spend poor upkeep and sanctions

A US backed reboot could lift supply over time and lower import costs for US Gulf refiners built to run heavy sour crude

Near term impact is more about flow than growth Resumed sales add barrels to a tight market shaped by Hormuz risk and OPEC discipline

MONEY AND POWER

Washington frames the pact as a way to secure supply and fund rebuilding

Caracas frames it as open energy ties where all sides gain while keeping control over its resources

The White House says sanctions are being eased in a selective way to allow the trade US officials say talks focus on over a dozen oil fields once held by local insiders and groups tied to China

WHAT TO WATCH NEXT

Chevron final sign off expected this week and the scope of field growth
How fast output can rise from 1.25M barrels per day toward 2M plus
Where the Qatar held funds go and how audits work
Reaction from China and other prior partners
Oil price response if more heavy barrels reach the Gulf

THE BIGGER PICTURE

This is not just a trade deal It is a 25 year bet that US capital plus Venezuela reserves can reset a broken oil sector

If it works US refiners get steady heavy feed Caracas gets cash flow and global crude gets a new swing source

If politics stalls the barrels stay in the ground and the deal stays on paper

Watch rig counts joint venture terms and monthly export data Those will show if this historic handshake turns into real oil
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
CVXCVX-0.25%

  • 2

Add a comment
Add a comment

Comment
Kai_Zen
2026-09-03
To The Moon 🌕
0
Mimichain
2026-09-03
2026 GOGOGO 👊
0
GateUser-fab8a777
2026-09-03
To The Moon 🌕
0
GateUser-fab8a777
2026-09-03
2026 GOGOGO 👊
0
HelalChowdhury
2026-09-01
LFG 🔥
0
HelalChowdhury
2026-09-01
To The Moon 🌕
0
HelalChowdhury
2026-09-01
Ape In 🚀
0
IQZ5
2026-09-01
LFG 🔥
0
Sholey_ayomide100
2026-09-01
hmmm that’s okay
0
View More