Rising price chart overlays oil rigs and a refinery, highlighting strong momentum in energy stocks. Key Points Energy stocks surged on Monday, Jan. 5, as markets reacted to renewed focus on Venezuela’s oil industry and U.S. policy direction. The energy sector ETF, XLE, is pressing against a multi-year resistance level, with a breakout edging closer.  Exxon and Chevron, the two largest U.S. energy companies, are near key technical levels and remain the sector’s primary leaders and potential beneficiarie ...