US says it needs to control Venezuelan oil sales indefinitely to drive change [Yahoo! Finance Canada]
Marathon Petroleum Corporation (MPC)
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Source: Yahoo! Finance Canada
Jan 7 (Reuters) - The United States needs to control Venezuela's oil sales and revenue indefinitely to drive the changes it wants to see in the country, Energy Secretary Chris Wright said on Wednesday. The comments ?reflect the importance of the South American country's crude oil reserves to President Donald Trump's strategy since U.S. forces ousted ?Venezuelan leader Nicolas Maduro in a raid on the capital Caracas on Saturday. "We need to have that leverage and that control of those oil sales to drive the changes ?that simply must happen in Venezuela," Wright said at the Goldman Sachs Energy, CleanTech & Utilities Conference in Miami. STORED OIL MOVING TO MARKET FIRST He said the U.S. would market stored Venezuelan oil first, then sell ongoing future production, including to U.S. refineries specially equipped to process it, with revenues deposited into accounts controlled by the U.S. government. Wright added he was speaking to U.S. oil companies to learn what conditions wo
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MPC
Earnings
- 11/4/25 - Miss
MPC
Sec Filings
- 1/21/26 - Form 3
- 12/18/25 - Form 8-K
- 12/16/25 - Form 4
- MPC's page on the SEC website