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U.S. Oil Stocks Jump as Trump’s Venezuela Intervention Rewrites the Energy Playbook

U.S. Oil Stocks Jump as Trump’s Venezuela Intervention Rewrites the Energy Playbook

Shares of major U.S. oil companies surged in premarket trading on Monday as investors began to price in the potential long-term consequences of Washington’s dramatic military intervention in Venezuela, a move that could eventually redraw the global oil supply map even as near-term uncertainties remain high. Chevron led the rally, rising 6.4% by 7:40 a.m. [...]The post U.S. Oil Stocks Jump as Trump’s Venezuela Intervention Rewrites the Energy Playbook appeared first on Tekedia.

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