Trump: 30 million barrels of oil were given to us by Venezuela yesterday

Watch on YouTube ↗  |  January 09, 2026 at 20:36  |  4:21  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump met with oil executives at the White House to discuss rebuilding Venezuela's oil industry. Trump announced that 30 million barrels of Venezuelan oil, worth about $4 billion, are on their way to the United States. He said the U.S. will choose which oil companies can enter Venezuela, provide security, and cut direct deals, citing Venezuela's massive reserves. He also touted U.S. GDP growth and the military apprehension of Nicolas Maduro.

  • Trump met oil executives at the White House about Venezuela's oil industry.
  • He said 30 million barrels of Venezuelan oil worth about $4 billion are en route to the U.S.
  • He plans for U.S. oil companies to rebuild Venezuela's oil industry with security guarantees.
  • Trump said he will decide which oil companies can enter and cut direct deals.
  • He cited Venezuela's reserves as among the world's largest.
  • He touted 5.4% U.S. GDP growth and criticized the Democrat shutdown.
  • He noted the U.S. military apprehended Nicolas Maduro.
Ideas
Donald Trump President of the United States 0:10
US oil companies get Venezuela access
Trump says American oil companies will be allowed to help rapidly rebuild Venezuela's dilapidated oil industry, with total safety and security, and will get access to reserves he describes as among the biggest in the world. He says he will decide which oil companies can go in and will cut deals directly with them, creating a government-backed opportunity for selected U.S. oil companies.
Donald Trump President of the United States 0:10
Venezuela oil supply rebuild in focus
Trump announced that 30 million barrels of Venezuelan oil, worth about $4 billion, are on their way to the United States and that his administration plans to rebuild Venezuela's oil industry, potentially bringing millions of barrels of additional supply to the global oil market. The setup is worth monitoring for oil market impact.
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This CNBC video, published January 09, 2026, features Donald Trump discussing XLE, WTI. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: XLE, WTI