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US-led oil sales from Venezuela to bring in $5 billion in months, energy chief Wright tells NBC News [Yahoo! Finance Canada]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Feb 12 (Reuters) - Oil sales from Venezuela controlled by the U.S. have totaled over $1 billion so far and in the next few months will bring in another $5 billion, ?U.S. Secretary of Energy Chris Wright told NBC News on Thursday. Much of the oil is being refined ?in U.S. refineries, and the administration of U.S. President Donald Trump has handed over proceeds from the sales to Venezuela's interim government, he added. "Sales today ?are over a billion dollars, and in fact, we have sort of short-term agreements over the next few months that will bring in another $5 billion," Wright said in the interview on his second day of a visit to Venezuela. Wright is the highest-ranking American official to visit Venezuela since the U.S. capture and removal of President Nicolas Maduro in January. He met with ?Interim President and Oil Minister Delcy Rodriguez ?on Wednesday and on Thursday toured facilities in the Orinoco heavy crude belt with officials from U.S. oil company Chevron . Wash Show less Read more
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