Trump’s “Historic Deal” With Venezuela Isn’t Fooling Oil Traders | EN590 Commodities
EN590 Commodities GroupCrude Oil August 31, 2026
BP Adds 80 MMcf/d to Egypt’s Gas Supply Two Years Ahead of Schedule What I Cover
My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… Two days after President Trump called his new Venezuela agreement “the biggest oil deal in world history,” the story has already moved past the barrels themselves. A Pentagon spokesman contradicted the reported ownership structure. The company positioned to run the fields changed hands under murky circumstances just weeks before the deal was announced. And the revenue figures Caracas released over the weekend fall apart under basic math. Trump announced the deal Friday on Truth Social, saying Secretary of State Marco Rubio and Defense Secretary Pete Hegseth ha
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