Oil stocks to watch Monday after U.S. attack on Venezuela: Chevron, Exxon, XLE in focus
U.S. forces struck Venezuela and reportedly captured President Nicolas Maduro, raising concerns over oil exports. PDVSA facilities were undamaged and production continued, but U.S. tanker restrictions have already halved Venezuela’s shipments. Oil stocks led Friday’s gains, with XLE up 2.10%. Brent crude closed at $60.75 a barrel, down 10 cents.