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US independent oil producers expected to sign Venezuela production contracts

Politico reports that several independent US oil producers are expected to sign production contracts with Venezuela’s state-run oil company in the coming days.

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08:08:26 PM UTC
SquawkNews
SEVERAL INDEPENDENT U.S. OIL PRODUCERS ARE EXPECTED TO SIGN PRODUCTION AGREEMENTS WITH VENEZUELA'S STATE-RUN PDVSA, MARKING PROGRESS IN THE TRUMP ADMINISTRATION'S EFFORTS TO REVIVE VENEZUELAN OIL OUTPUT, WITH A SIGNING CEREMONY PLANNED IN HOUSTON INVOLVING SEVERAL SMALLER U.S. PRODUCERS AND VENEZUELAN OFFICIALS. - SOURCES

This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.