Why These 3 Oil Stocks Surged After Venezuelan President Maduro's Capture

I'm not going to bore you with a lengthy history of Venezuela's oil industry. Briefly, Venezuela is home to one of the largest oil deposits in the world, estimated to be even larger than Saudi Arabia's. Oil is the country's largest export; it produces about 1 million barrels per day.So why did only the stocks of Chevron, ExxonMobil, and ConocoPhillips surge?No other oil stocks seemed affected. Shares of French oil major TotalEnergies (NYSE: TTE) slipped 0.35% during the session, while shares of Anglo-Dutch ...