NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
CNBC's "Power Lunch" team discusses the state of Venezuelan oil reserves with Peter Boockvar of OnePoint BFG Wealth Partners.
Venezuelan and U.S. officials are discussing exporting Venezuelan crude to the United States, five government, industry and shipping sources told Reuters on Tuesday.
The short-term boost provided by the events in Venezuela has come to an end.
U.S. Interior Secretary Doug Burgum joins ‘Varney & Co.' to outline how President Donald Trump's energy strategy could rapidly unlock Venezuela's oil reserves and cement America's role as the world'
Retired U.S. Army Col. Jack Jacobs joins ‘Squawk on the Street' to discuss the challenges U.S. oil companies face in rebuilding Venezuela's infrastructure, and more.
Any bounce in oil looks like a selling possibility to me at the point in time.
With Venezuela headlines spiking oil volatility, Jim Bianco (@BiancoResearch) explains why he sees prices ticking higher. He offers a global take on pricing by looking to China and the role it plays i
Ben Emons, Founder & CIO at FedWatch Advisors, and Tina Fordham, Founder at Fordham Global Foresight, assess Venezuela's upheaval as a risk-on catalyst, reshaping oil, geopolitics, and global markets
Summary Midstream energy infrastructure tracked broader energy performance in 2025, delivering positive total returns driven by dividend income despite a noticeable pullback in oil prices. Reversing w
Daniel Osorio, Andean Capital Advisors president and founder, joins 'Squawk Box' to discuss the capture of Venezuelan President Nicolas Maduro, what's next for the country, impact on the global oil in

Some Venezuelan Oil Is Cheap And Low-Risk

07:15am, Tuesday, 06'th Jan 2026
There is a lot of debate about the potential for Venezuela to produce more oil once sanctions are lifted, but some of the available information and opinions are unclear and/or misleading. Most importa
Oil futures rally on Venezuela uncertainty, eyeing 50-day moving average breakout. Analysts warn surge won't last—growing inventory and weak demand cap gains.
Nvidia's next major AI chip in full production, gold, silver prices rise, Novo Nordisk starts new front in weight-loss drug fight, and more news to start your day.
International stock markets were at or close to record highs Tuesday and oil prices eased after Monday's volatile session in the wake of the ouster of Venezuela's Nicolas Maduro.
The country lowered the price of its crude for Asian buyers for the third consecutive month, signaling caution as concerns over excess supply continue to weigh on global markets.
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