US oil producers set to ink production deals with Venezuela

Several independent U.S. oil producers are expected to sign production contracts with Venezuela’s state-run oil company in the coming days, according to three industry representatives familiar with the plans — a step forward for the Trump administration’s efforts to boost production in the beleaguered South American nation. A signing ceremony involving several smaller U.S. producers and the Petróleos de Venezuela had been set for Tuesday evening in Houston, according to the people, who were gran