Market Chatter: Coinbase Co-Founder in Talks for Venezuela Oil Fields

MT Newswires Live

4 hours ago

Coinbase co-founder Fred Ehrsam is seeking control of at least three Venezuelan oil fields, Bloomberg reported Tuesday, citing people familiar with the negotiations.

The fields, operated by Alvorada Heavy Industries Ltda in Venezuela's Orinoco Belt, are under contracts US officials are considering revoking, the sources said, according to the report.

Additional Venezuelan oil contract changes are expected this week when US Energy Secretary Chris Wright visits Caracas, Bloomberg said.

Coinbase and The White House did not respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRPT","symbol_name":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2664623848","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2664623848","pubTimestamp":1788306896,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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