Chevron stock jumps on Trump Venezuela oil move; traders eye sanctions and Jan. 30 earnings
New York, Jan 5, 2026, 13:39 EST — Regular session Chevron (CVX) shares rose 5.7% to $164.78 in early afternoon trading on Monday, after swinging between $159.33 and $171.50. ConocoPhillips (COP) gained 3.3% and Exxon Mobil (XOM) 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 The rally matters now because Chevron is the only U.S. major still operating in Venezuela under a U.S. waiver — government permission to keep working despite sanctions — leaving it positioned to move faster