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Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

By CNBC | 1 min read

Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million

America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary.

# Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/16/venezuela-oil-takeover-us-shipment-trump-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*