Stocks of crude oil in the US strategic reserve fell by about 5.3 million barrels this month

President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South American country's untapped…

The deal would more than double US oil reserves at a time when the US strategic petroleum reserve is at a 40-year low, said news site Axios.

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

The agreement would give the US control of 65 billion barrels of Venezuelan oil

President hails 'biggest oil deal in world history', saying it will lower gas prices for Americans