# How are Caracas and Washington structuring a massive oil output deal?

https://mins.news/en/item/39452

- Reuters, 2026-08-31 23:40 UTC
- Economy
- Original: https://www.reuters.com/business/energy/how-are-caracas-washington-structuring-massive-oil-output-deal-2026-08-31/?link_source=ta_bluesky_link&taid=6a9610e0fb274f000180edc1

> The large-scale oil production agreement disclosed by Venezuela and the United States last week uses a complex three-layer structure to develop at least part of the proved reserves in the 17 oilfields covered by the deal. Together, they contain 64 billion barrels of proved reserves.

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

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