Trump administration says there are ways US can lift Venezuelan oil output quickly

FILE PHOTO: Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Picture taken on April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo

WASHINGTON/MIAMI, Jan 6 (Reuters) - The ‌Trump administration on Tuesday dismissed analysts' estimates that it would take years to ramp up Venezuela's crude production, saying there were ways ‌to quickly boost the country’s oil sector.

Raising crude output from the South American nation, which sits on the world’s largest ‌oil reserves, is a top objective for President Donald Trump after U.S. forces seized Venezuela's leader, Nicolas Maduro, in a raid on its capital Caracas on Saturday.