Chevron Potential Beneficiary If U.S. Controls Venezuela's Oil -- Market Talk
Dow Jones01-05
1015 GMT - U.S. energy company Chevron could be the biggest beneficiary if the U.S. government takes control of the Venezuelan oil industry, CreditSights' Ben Morgan and Charles Johnston say in a note. The U.S. said it would have increased control over Venezuelan oil after it arrested the Venezuelan president over the weekend. "Chevron is the only U.S. energy company operating in Venezuela and the company has kept its license to operate throughout 2025," the analysts say. The company could gain from its operations in Venezuela but its management "has publicly favored investments in other regions," such as Guyana, CreditSights analysts say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
January 05, 2026 05:15 ET (10:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
