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US oilfield services companies gain as Wright announces Washington's intention to resume Venezuelan oil flows

ReutersJan 7, 2026 2:28 PM

Shares of U.S. oilfield services gain premarket

Brent crude futures LCOc1 up 0.1% at $60.77/ barrel

Energy Secretary Chris Wright says U.S. government wants to get Venezuelan oil flowing again and create conditions for U.S. oil companies to enter the country

Wright adds he was speaking to U.S. oil companies to learn what conditions would enable them to enter the South American country

U.S. president Donald Trump said on Tuesday Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States

Trump said over the weekend U.S. would take control of Venezuela after U.S. forces ousted Venezuelan President Nicolas Maduro

Oilfield services companies Halliburton HAL.N and SLB SLB.N up 1.6% and 1.1% respectively

Baker Hughes BKR.O up 1.2%

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