CNBC's Brian Sullivan reports on President Trump's commentary about Venezuela's oil industry during his meeting with oil executives at the White House.
Valero Energy (VLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Interior Secretary Doug Burgum says US oil companies are very interested in revitalizing Venezuela's oil sector. But he says the Trump administration is unlikely to subsidize their efforts.
Contrary to President Donald Trump's assurances, major oil companies are not keen on investing in Venezuela, according to Treasury Secretary Scott Bessent.
Top oil companies will meet with President Donald Trump on Friday to discuss rebuilding Venezuela's oil industry.
The largest oil companies are likely to move slower in terms of making investments in Venezuela, with wildcatters or independent oil companies likely to move much more quickly, U.S. Treasury Secretary
Chevron is the only one of the three major U.S. oil companies that operates in Venezuela. ConocoPhillips and ExxonMobil exited Venezuela in 2007 after Hugo Chávez nationalized the industry.
VLO's flexible refinery network enables the company shift product yields and process diverse crude grades, helping it capture higher margins in volatile markets.
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Stock futures pointed lower Thursday, a day after the benchmark S&P 500 and blue-chip Dow Jones Industrial Average set fresh all-time highs before retreating.
Tom Friedman, The New York Times opinion columnist, joins 'Squawk Box' to discuss the situation in Venezuela following the capture of president Nicolas Maduro, practicality of America's Venezuela oil
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U.S. oil companies want "serious guarantees" from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets, the Financ
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