Rubio says Trump administration is "pretty certain" Western oil companies will return to Venezuela but wouldn't say if US troops would be used to secure its oil fields.

Oil prices slipped in early Asian trade on Monday on ample supply despite concerns about political upheaval in OPEC member Venezuela disrupting shipments. Brent crude futures fell 34 cents to $60.41 a barrel by 2308 GMT while U.

Secretary of State Marco Rubio suggested that the U.S. would not take a day-to-day role in governing Venezuela but would enforce an “oil quarantine” on the country, contrary to what President Donald Trump announced after capturing President Nicolás Maduro.

A muted price move reflects expectations that significant obstacles remain before Venezuelan oil is flowing more freely.

The vice president claimed the military operation was all about “narcoterrorists,” but couldn't help slip in the undeniable truth at the end.

Venezuela’s PDVSA has begun curbing crude production as storage capacity fills up following a U.S. blockade that has halted the country’s oil exports, Reuters reported Sunday, citing sources familiar with operations.

President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to know about Venezuela's oil sector.