US Attacks Venezuela: Will Oil Stocks Benefit? Speaking on the benefit for the American oil companies after the escalation of the US-Venezuela conflict, Sandeep Pandey, Co-founder of Basav Capital, said, "The US attacks on Venezuela would benefit a good number of US oil companies, especially Chevron Corporation, as it is the only US oil company which is operating in Venezuela. Additionally, Chevron explores approximately 25% of the total oil reserves in Venezuela. So, Chevron stocks are expected to attract bulls at a higher rate in comparison to other US oil stocks, who may enter Venezuela after the fresh round of US investment in Venezuela." However, ConocoPhillips, Halliburton, and Schlumberger are other US oil stocks that are expected to attract bulls' attention when the US stock market opens today."

Source: Mint January 05, 2026 15:08 UTC