Venezuela, Chevron and White House
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US seizes Venezuela-linked oil tanker
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When the markets reopened on Monday, however, just three oil company stocks seemed to benefit. Here's why these three oil stocks surged after Venezuelan President Maduro's capture and whether they're likely to reap long-term gains. Image source: Getty Images.
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How Chevron played the long game in Venezuela
Chevron met with Trump and spent millions lobbying him to continue operating in Venezuela. Now it is uniquely positioned to profit from that.
On January 5, Bernstein raised its price target on Chevron Corporation (NYSE:CVX) to $172 from $170 and kept a Market Perform rating.
Chevron stock and other oil companies were soaring early Monday even as crude prices were only up around 1% following the surprise U.S. operation to capture Venezuelan President Nicolás Maduro.
Chevron ( CVX 0.79%) is lining up with private equity group Quantum Energy in a bid for sanctioned Russian oil company Lukoil's international assets, the Financial Times reports. Lukoil said last year it would sell its non-Russian operations.
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Energy secretary says Chevron expansion, US oil role in Venezuela could come 'pretty quickly'
Energy Secretary Christopher Wright reveals how American oil giants plan to help rebuild Venezuela's industry after decades of socialist mismanagement and economic collapse.
Warren Buffett's Berkshire Hathaway owns about 6% of Chevron, the only US oil major still operating in Venezuela.
US oil giant Chevron and private equity firm Quantum Capital Group have partnered on a bid for sanctioned Russian oil company Lukoil's international assets, valued at $22 billion, the Financial