Tags: chris wright | energy department | venezuela | oil

Wright: US Gets 30% Higher Price for Venezuelan Oil

Thursday, 15 January 2026 03:45 PM EST

Energy Secretary Chris Wright said on Thursday the U.S. is getting a 30% higher price for Venezuelan crude oil ⁠than Venezuela got before U.S. special forces captured deposed ​President Nicolas Maduro earlier this month.

President Donald Trump's ‍administration has said it ⁠will sell up to 50 million barrels of the country's stranded ⁠oil and will ​keep ⁠selling produced Venezuelan oil ‍indefinitely.

Wright, speaking at a ‌U.S. Energy Association event, did not detail ⁠the prices ​of ‍the oil sales before and after ‍the capture of Maduro.

© 2026 Thomson/Reuters. All rights reserved.


GlobalTalk
Energy Secretary Chris Wright said on Thursday the U.S. is getting a 30% higher price for Venezuelan crude oil ⁠than Venezuela got before U.S. special forces captured deposed ​President Nicolas Maduro earlier this month.
chris wright, energy department, venezuela, oil
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2026-45-15
Thursday, 15 January 2026 03:45 PM
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