María Corina Machado’s comments reflect widespread unease over agreement but stop short of criticising US President Donald Trump

The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.

The 46-year-old figure of international intrigue has an apparent knack for being in the right place at the right time.

The deal gives the Pentagon a 35% ownership stake in the private company being created, and the State Department will get a guarantee to purchase 20% of the output at cost.

Venezuela's acting President Delcy Rodríguez signed an agreement granting U.S. companies majority control over 65 billion barrels of crude oil.

Venezuela is becoming a major testing ground for Donald Trump’s hemispheric ambitions, emerging as another potential source of rivalry with China.

Gulf Oil senior energy advisor Tom Kloza discusses Energy Secretary Chris Wright finalizing an oil output deal in Venezuela and analyzes the impact on domestic fuel prices and diesel costs on 'The Bottom Line.