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Trump Urges Oil Companies to Speed Work in Venezuela

By: Rebecca F. Elliott， Emiliano RodrΓ­guez Mega， Eric Schmitt and Michael Levenson β€”
The president met with executives on a day when the U.S. seized another tanker carrying Venezuelan oil.

President Trump and members of his cabinet at a meeting with oil executives at the White House on Friday.

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Trump’s Claim That Venezuela β€˜Stole’ U.S. Oil Fields Sets Off a Nationalist Reaction

By: Simon Romero β€”
President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status.

Derricks in the Maracaibo oil fields of Venezuela in the early 20th century. American oil companies invested millions of dollars in the region, generating profits that flowed to the United States, rather than Venezuela.

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