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Why These Energy Stocks are Losing This Week
Insider Monkey· 2026-01-08 10:42
In this article, we are going to discuss the energy stocks that are losing this week.The recent military action by the US in Venezuela has caused shockwaves across the global oil industry, as the South American country sits atop the largest oil reserves in the world. The White House has now taken control of sales of sanctioned Venezuelan oil ‘indefinitely’, calling for American oil companies to rebuild the country’s crumbling oil infrastructure and bring its heavy crude to Gulf Coast refineries, which were ...