energy News
PBF Energy Stock Surges 17% on Strong 2026 Outlook
The independent refiner forecasts a significant rise in 2026 operational throughput and confirms the full restart of its crucial Martinez, California facility, boosting investor confidence.
US Oil Stocks Rally on Hopes of Re-entry Into Venezuela
Chevron and ExxonMobil shares climb as the capture of President Maduro opens the door to rebuilding the nation's crippled oil industry, home to the world's largest reserves.
Chevron Surges as Maduro's Fall Opens Door to Venezuelan Oil
Shares jumped after the Venezuelan president's capture, as investors weigh the immense opportunity of the world's largest oil reserves against the daunting risks.
Oil Prices Plunge as US Gains Control of Venezuela's Vast Reserves
The capture of President Maduro has rattled energy markets with the prospect of the world's largest oil reserves returning to full production, threatening a global supply glut.
Chevron Surges on Renewed Hopes for Venezuela Oil Expansion
Shares jump after Trump's comments signal U.S. firms could rebuild the nation's oil sector, placing the company's long-held position in the spotlight.
Oil Surges as US-Venezuela Tensions Boil Over
Crude prices jump on fears of supply disruption from the key OPEC nation, adding a significant risk premium to global energy markets.
Oil Prices Fall as Market Weighs Fallout from Maduro's Capture
The prospect of reviving Venezuela's dormant production creates a bearish outlook, though analysts caution the path to restoring supply is long and uncertain.
Oil Prices Steady as OPEC+ Signals Production Freeze Amid Supply Glut
The producer alliance is expected to maintain current output quotas in an effort to stabilize a market grappling with significant oversupply and a fragile global economy.