President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the U.S., and he pledged to use proceeds from the sale of this oil “to benefit the people” of both countries.

President Donald Trump’s pledge to rebuild Venezuela’s decaying oil infrastructure means Chevron, Exxon Mobil and other U.S. energy giants are on the spot: Is it worth the multibillion-dollar investment,

President Trump says that Venezuela will turn over tens of millions of barrels of oil to the United States. NBC News’ Peter Alexander explains what this means for the U.S. and the relationship with Interim President Delcy Rodríguez.

U.S. crude fell more than 1% on Wednesday after U.S. President Donald Trump said Venezuela will be "turning over" 30 million to 50 million barrels of sanctioned oil to the United States.

President Trump projects it will take less than 18 months for oil companies to rebuild Venezuela’s energy infrastructure. Becky Anderson asks Javier Blas, Energy & Commodities Opinion Columnist at Bloomberg,

Shares of major U.S. companies in the energy sector are sharply higher after President Donald Trump announced plans to take control of Venezuela’s oil industry and said American companies would revita

President Donald Trump says American Big Oil “want to go in so badly” into Venezuela and spend billions of dollars, but the reality is U.S. oil producers are hesitant, and it will take many years and many tens of billions of dollars to rebuild Venezuela’s decimated oil sector after the U.

We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country.