Chevron, Exxon shares in focus after US intervention in Venezuela

Chevron, Exxon shares in focus after US intervention in Venezuela


The Chevron logo is seen at a gas station on July 18, 2025 in Austin, Texas.

Brandon Bell | Getty Images

Shares of U.S. oil companies soared in premarket trade on Monday, as investors scrutinize the fallout from the Trump administration’s surprise military operation in Venezuela.

Chevron shares rose 6.5% at 9:22 a.m. London time (4:22 a.m. ET), with Exxon Mobil up 3.2% and oilfield services giant SLB climbing more than 8%.

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