U.S. Oil Stocks Surge Following Trump’s Blitz in Venezuela

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U.S. oil stocks surge in pre-market trade after President Trump's announcement of opening the door to American investment in Venezuela's oil industry, with Chevron's shares jumping 6%.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Shares in supermajor Chevron and the biggest U.S. refiners soared in pre-market trade on Monday after U.S. President Donald Trump opened the door to American investment in Venezuela’s oil industry following the capture of Nicolas Maduro. Chevron, which is currently the only U.S. and Western oil firm authorized by the United States to operate in Venezuela, saw its shares jump by 6% in pre-market trade. Chevron, as well as other integrated U.S. oil companies, are set to benefit from the touted opening of Venezuela’s…

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Original article published by OilPrice.com on January 5, 2026.
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