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