ConocoPhillips and Trump's Venezuela Play: Is This a Hidden Catalyst or Just More Noise for Investors?
Yahoo Finance·2026-02-01 20:05

The bullish case for oil stocks received a significant boost earlier this month when U.S. forces captured the now former Venezuelan President Nicolas Maduro, sparking hope that the petroleum-rich country will eventually be open to Western oil majors. Count ConocoPhillips (NYSE: COP) among the domestic oil equities in rally mode to start 2026. January isn't over yet, but this stock is higher by more than 8%. How much, if any, of that move is attributable to Venezuela is up for debate. Where to invest $1,000 ...

Chevron-ConocoPhillips and Trump's Venezuela Play: Is This a Hidden Catalyst or Just More Noise for Investors? - Reportify