US secures 30% premium on Venezuelan crude after Maduro's capture

1 min read
Source: CNBC
US secures 30% premium on Venezuelan crude after Maduro's capture
Photo: CNBC
TL;DR Summary

The U.S. Energy Secretary says Washington is achieving about a 30% higher realized price for Venezuelan crude than three weeks ago, as the first post‑Maduro sale of roughly $500 million proceeds and more oil sales are expected. President Trump has floated handing over sanctioned Venezuelan oil (30–50 million barrels) with proceeds benefiting both nations, and investors are watching for ongoing investments in Venezuela’s energy sector amid political uncertainty. Global oil markets show modest moves as investors digest the developments.

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