https://www.live-feeds.com/feed/venezuela-weighs-opec-exit-as-us-discusses-oil-fields-stakeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/venezuela-weighs-opec-exit-as-us-discusses-oil-fields-stakehttps://www.live-feeds.com/feed/venezuela-weighs-opec-exit-as-us-discusses-oil-fields-stake#u52216Sun, 30 Aug 2026 09:10:17 +0000Venezuela is weighing an exit from OPEC after decades of membership to strengthen ties with the United States. The move follows a deal involving US access to Venezuelan oil reserves. While some reports suggest a potential 100-year lease of key oilfields to the US, other details of the agreement remain unclear. Industry analysts indicate that Chevron is positioned to benefit from a potential Venezuelan departure from the organization.Why it mattersVenezuela was a founding member of OPEC and holds some of the largest oil reserves globally. A shift toward US alignment would signal a major geopoli