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Trump move to cap oil, Venezuela output in focus

Trump move to cap oil, Venezuela output in focus

January 05, 2026

FTI and analysts say US control of Venezuela may cap oil. Brent may rise slightly short term, but higher output after sanctions lift could push prices down.

Under U.S. sanctions, Iran and Venezuela sign 20-year cooperation plan

Iran and Venezuela signed a 20-year cooperation plan in Tehran on Saturday as the two countries, among the world's top oil producers, grapple with U.S. sanctions that are crippling their exports.

Turning oil wells back on is trickier than shutting them off

SATURDAY, MAY 09, 2020

With thousands of oil wells choking back or completely shutting off production, companies already are looking ahead to what may prove to be an even bigger challenge: turning wells back on.

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