Trump Says US Companies Will Rebuild Venezuelan Oil Infrastructure

Watch on YouTube ↗  |  January 03, 2026 at 17:32  |  1:16  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump said Venezuela's oil business has been a bust and that large US oil companies will spend billions of dollars to repair the country's badly broken oil infrastructure and start making money there. He also said the US military is prepared to stage a second, much larger attack if needed, though he suggested the first wave was successful enough that it probably won't be required. The comments follow the capture of Venezuelan President Nicolas Maduro by US forces in an early morning raid.

  • Trump said Venezuela's oil business has been a total bust and pumps almost nothing versus its potential.
  • He said very large US oil companies will spend billions fixing Venezuela's broken oil infrastructure.
  • He said those companies will start making money for the country.
  • Trump said the US is prepared to stage a second, much larger military attack if needed.
  • He said the first wave was so successful a second wave probably won't be necessary.
  • The remarks follow the US capture of Nicolas Maduro in an early morning raid.
Ideas
Donald Trump President of the United States 0:00
US oil majors to rebuild Venezuelan oil
Venezuela's oil business has been a total bust and is pumping almost nothing relative to what it could produce; large US oil companies will go in, spend billions of dollars fixing the badly broken oil infrastructure, and start making money, making them the clear beneficiaries of the post-Maduro opening.
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This Bloomberg Markets video, published January 03, 2026, features Donald Trump discussing US oil companies. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: US oil companies