Chevron stock jumps on Trump Venezuela oil move; traders eye sanctions and Jan. 30 earnings
Chevron shares rose 5.7% to $164.78 in early afternoon trading on Monday, after swinging between $159.33 and $171.50. ConocoPhillips gained 3.3% and Exxon Mobil added 2.4% as traders rotated into oil names after U.S. forces captured Venezuelan President Nicolás Maduro and investors bet the move could reshape access to the country’s crude. Reuters