Trump's Plan to Unleash Venezuela Oil May Take US Crude to Low $50s - Expert

NAMPA / Sputnik

2026-01-04

WASHINGTON, January 4 (RIA Novosti) - US crude could hit the low $50 per barrel range in the near term with the Trump administration's intent to turn the spigots up in Venezuela after its seizure of the Latin American country and its oil, veteran energy market analyst John Kilduff told RIA Novosti. US West Texas Intermediate (WTI) crude had tumbled since mid-2025, falling from a June high of above $78 per barrel to a December close of under $58.......

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