Leading financial analysis firms have tempered the White House's forecasts on the Venezuelan oil agreement announced by Donald Trump on Friday, which grants a company part-owned by the US government control of seventeen fields holding some 65 billion barrels of reserves for a hundred years.

The Trump administration announced a deal Friday to develop a vast amount of Venezuela's oil reserves, with the U.S. taking a majority stake. Energy experts say there are many…

Analyst questions the validity of Trump's Venezuela deal, asks how can the U.S. stake claim on a sovereign country's assets?

There aren’t 65 billion barrels, they won’t be lowering gas prices, and they won’t refill the SPR.