Chevron stock jumps 5% after Venezuela upheaval puts CVX in focus for 2026
New York, January 5, 2026, 16:42 EST — After-hours Chevron shares rose 5.2% to $163.85 in after-hours trading on Monday, after U.S. forces captured Venezuelan President Nicolás Maduro and Washington signaled it would take control of the oil-rich country. Chevron is the only U.S. major currently operating in Venezuela and exports about 150,000 barrels per day (bpd) of crude to the U.S. Gulf Coast. Reuters Why this matters now is the barrel itself. Venezuelan crude is typically “heavy sour” oil — thick and high in sulfur — that many U.S. Gulf Coast refineries are built to process, making any change