Oil
Search documents
Canadian, U.S. markets rise after raid on Venezuela as oil market comes into focus
Investment Executive· 2026-01-05 22:38
Group 1: Market Reactions - Canadian oil companies experienced a decline in share prices, with Canadian Natural Resources Ltd. down 6%, Cenovus Energy Inc. down 4.8%, and Suncor Energy Inc. down 1.7% [1] - The TSX energy subindex fell by 3.6% [1] - The overall market showed positive movement, with the S&P/TSX composite index up 336.58 points, and major U.S. indices also reporting gains [3] Group 2: Oil Production Insights - Venezuela holds the world's largest oil reserves but is significantly underproducing, currently at about one million barrels compared to peak levels of over 3.5 million barrels [2] - Even if Venezuelan production returned to previous highs, it would only account for about 2% of the global market [5] - The limited impact of Venezuelan supply on oil prices is noted, as it currently represents about 1% of the market [5] Group 3: Economic Implications - The situation in Venezuela is expected to have a muted impact on the U.S. market due to its small role in the global economy and limited trading relationship with the U.S. [5] - U.S. President Donald Trump has proposed a plan for U.S. oil companies to assist in rebuilding Venezuela's oil industry, leading to gains for companies like Chevron (up 5.1%), Exxon Mobil (up 2.2%), and Halliburton (up 7.8%) [6]
Oil Stocks, Banks Push Dow to New Record
WSJ· 2026-01-05 21:52
Group 1 - Chevron shares experienced significant gains, increasing by 5.1% [1] - The Dow industrials rose by 1.2% [1] - The S&P 500 added 0.6% [1]
Trump administration has spoken to multiple oil companies about Venezuela, White House official says
CNBC· 2026-01-05 21:30
US President Donald Trump, alongside L/R Deputy Chief of Staff Stephen Miller, CIA Director John Ratcliffe, Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, and Chairman of the Joint Chiefs of Staff General Dan Caine, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on January 3, 2025.The Trump administration has spoken to multiple oil companies about Venezuela, a White House official told CNBC on Monday. President Donald T ...
Venezuela Shock 2026: Defense, Tech, Healthcare Stocks Set to Benefit
ZACKS· 2026-01-05 21:01
Key Takeaways U.S. military action of capturing Venezuela's leadership triggers a major geopolitical shock globally.Venezuela's oil impact is limited, as it produces about 1% of global supply and Chevron's exposure is small.Defense, cybersecurity tech & healthcare stocks stand to benefit from higher security spending and stability.The year 2026 has started in an unusually volatile way. The United States’ recent military action to capture Venezuela, home to the world’s largest proven oil reserves, has come a ...
Oil stocks to watch after Trump's raid in Venezuela
Yahoo Finance· 2026-01-05 20:23
It’s no secret that Venezuela holds some of the world’s largest proven oil reserves, but what’s less well known is that the country’s oil inventory has been hollowed out by years of heavy sanctions, underinvestment, and government mismanagement. Now, with Venezuelan President Nicolas Maduro captured by U.S. forces in a deadly raid on Saturday, the financial markets are already eyeing an oil repricing from a Venezuela supply rebound. That should favor U.S. energy companies in a country with 303 billion bar ...
Bitcoin's Price is Climbing. Did the U.S. Capture of Venezuela's Maduro Help?
Yahoo Finance· 2026-01-05 19:59
Gett Images Key Takeaways Bitcoin traded above $94,000 as of Monday afternoon, levels last seen in early December, as investors digested the weekend news that the U.S. had captured Venezuelan President Nicolás Maduro. Ousting Maduro "is not a direct bullish catalyst" for bitcoin, but the geopolitical conflict points to cryptocurrencies' real-world utility, one analyst said. Bitcoin (BTCUSD) appears to have climbed out of a rut following the surprise capture by the U.S. of Venezuelan president Nicol ...
Oil Stocks Rise as U.S. Executes Venezuela Regime Change
Schaeffers Investment Research· 2026-01-05 15:17
Energy stocks are on the rise today, after the U.S. military captured Venezuelan leader Nicolás Maduro and his wife over the weekend. Both will appear in a New York federal court today to face drug-trafficking charges. President Donald Trump noted U.S. oil companies will be “very strongly involved” in Venezuela’s oil industry going forward. In response, shares of Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) are surging.CVX was last seen up 5.3% at $164.16, trading at its highest level since April ...
Biggest Surprise Of 2026 So Far? Oil Stocks
Benzinga· 2026-01-05 14:55
The biggest surprise of 2026, so far, is not a tech breakthrough or a shift in interest rates—it is the sudden, explosive revival of the oil sector following the U.S. military capture of Venezuelan President Nicolás Maduro. CVX stock is climbing. See the chart and price action here. Energy stocks ended 2025 as a beaten-down industry plagued by a global supply glut and the steepest annual price declines since the pandemic. Today, they’re reinvigorated after President Donald Trump pledged to “unlock” Venezuel ...
运费与产量成“护城河” 委内瑞拉石油短期内难撼动加拿大地位
Xin Lang Cai Jing· 2026-01-05 14:43
虽然从短期来看,委内瑞拉石油很难取代加拿大原油,但这一威胁凸显了贸易多元化对加拿大的重要 性。Servus Credit Union的Charles St-Arnaud表示,加拿大目前每天向美国出口约450万桶原油,而委内 瑞拉目前的日产量仅为100万桶,且后者需要大量投资才能提高产量。Charles 补充称,地理因素也对加 拿大有利,因为加拿大的大部分原油直接运往美国中西部的炼油厂。他认为,从委内瑞拉向太平洋西北 地区派遣油轮的成本降低了替代的可能性,不过加拿大出口到墨西哥湾沿岸的石油(约占总出口量的 10%)可能会受到威胁。 ...
US Stocks Rise as Traders Shrug Off Maduro Ouster: Markets Wrap
Yahoo Finance· 2026-01-05 14:33
US stocks powered higher on Monday, as demand for technology shares remained strong even while the ouster of Venezuela’s President Nicolas Maduro fanned worries over geopolitical risk. Gold and the dollar rallied. The Nasdaq 100 Index jumped, with chip stocks such as Micron Technology Inc. and Intel Corp. among the gainers. The benchmark S&P 500 Index also rose, as shares of energy companies rallied. Gold climbed above $4,400 an ounce, while a gauge of the dollar headed for its biggest gain since November ...