Oil Futures Slide After Trump Says Venezuelan Oil to Be Shipped to U.S.
WSJ·2026-01-07 00:32

Core Viewpoint - Oil futures experienced a decline in the early Asian session following President Trump's announcement on Truth Social regarding the shipment of Venezuelan oil to the U.S. [1] Group 1 - The announcement by President Trump indicates a potential shift in U.S. oil supply dynamics, particularly involving Venezuelan oil [1] - The market reaction, reflected in the drop of oil futures, suggests investor concerns over the implications of increased Venezuelan oil supply [1]