Trump Allegedly Aims to Take Charge of Venezuela's Oil Industry and State-Owned Oil Company
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Source: aastocks
US Plans for Venezuelan Oil: President Trump and his advisors are strategizing to gain control over Venezuela's oil industry, aiming to lower oil prices to $50 per barrel.
Control Over PDVSA: The US is considering partial control of Venezuela's state-owned oil company, PDVSA, through agreements that may involve acquiring and distributing its oil.
Negotiations with PDVSA: PDVSA is in discussions with the US regarding oil sales, with indications that the US must buy oil at international prices.
Impact on Oil Market: Analysts anticipate that the US's actions regarding Venezuela may lead to a short-term decline in oil prices, affecting companies like PetroChina.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
