Phillips 66 stock in focus after U.S. strikes Venezuela and Maduro’s capture raises oil-supply questions
NEW YORK, Jan 3, 2026, 18:26 ET — Market closed Phillips 66 shares are set to be in focus when U.S. markets reopen after President Donald Trump said U.S. forces attacked Venezuela and captured President Nicolas Maduro on Saturday. Maduro is expected to appear in Manhattan federal court on Monday and the U.N. Security Council is due to meet over the U.S. action, Reuters reported. Reuters The developments matter for refiners because Venezuela’s crude is predominantly heavy oil — a thicker, lower-quality grade that many complex Gulf Coast refineries are built to process. Shifts in heavy-crude availability can quickly move