Oil Stocks Rise as U.S. Executes Venezuela Regime Change
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 ...