Oil Stocks Rise as U.S. Executes Venezuela Regime Change
Schaeffers Investment Research·2026-01-05 23:17

Energy stocks are on the rise today, after the U.S. military captured Venezuelan leader Nicolás Maduro and his wife over the weekend. Both will appear in a New York federal court today to face drug-trafficking charges. President Donald Trump noted U.S. oil companies will be “very strongly involved” in Venezuela’s oil industry going forward. In response, shares of Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) are surging.CVX was last seen up 5.3% at $164.16, trading at its highest level since April ...