The dismissal of Nicolás Maduro in January marked “an important opening in the way oil business is done” for the Venezuelan oil sector, according to María Ángela Capello, president of Red Tree Consulting. Venezuela’s vast oil resources make talk of an “opening” enormously attractive to American investors, but legal uncertainty threatens to maintain theoretical extraction….
Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. As Interior Secretary Doug Burgum described how increasing Venezuelan oil production could help lower gas prices for Americans, President Donald Trump weighed in with a different priority (1): “Forget it: when are they going to make the statue?” The…
For the first time in the history of the World Baseball Classic, Japan will not be in the semifinals. They were outscored by Venezuela 8-5 on Saturday night at Loan Depot Park in Miami. Venezuela is in the WBC semifinals for the first time since 2009, and with the victory secured a spot for the…
MIAMI — Before the revelry, before the madness, before the deafening three-hour baseball game that was Dominican Republic vs. Venezuela, Ronald Acuña Jr. and Juan Soto gathered in the gardens to say hello. At that moment, just a few minutes before the first pitch, the stands were almost full. Many of the 36,230 rum-soaked customers…
Following the United States intervention in Venezuela on January 3, which put an end to President Nicolás Maduro’s 13-year dictatorship, all eyes have focused on the South American country’s oil industry. Once one of the world’s largest oil producers, production has declined in recent years. However, now that US President Trump sets his sights on…
CARACAS, March 5 (Reuters) – U.S. Interior Secretary Doug Burgum struck an optimistic note as he prepared to leave Venezuela on Thursday after a two-day visit, telling reporters that a new mining law “will create opportunities for companies, licenses that will allow them to operate are on the horizon” and the interim government of Delcy…
Chevron Corporation (NYSE:CVX) is included among the The 15 Best High-Yield Stocks to Buy. Scotiabank raises CVX target to $168 in integrated U.S. oil and E&P update On January 16, Scotiabank raised its price target for Chevron Corporation (NYSE:CVX) to $168 from $165. The company maintained a sector perform rating on the stock. The bank…
Helmerich & Payne, Inc. (NYSE:HP) is included among the 10 High-Yield Crude Oil Stocks to Buy After Trump’s Venezuela Bombing. Helmerich & Payne (HP) price target raised to $35 Helmerich & Payne, Inc. (NYSE:HP), together with its subsidiaries, provides drilling technologies and solutions to oil and gas exploration and production companies. On January 7, TD…
If one has been paying attention to global headlines lately, it would be easy to assume that oil prices would be through the roof: a country with significant oil reserves mired in a crisis, sanctions on perennial producers, simmering regional conflicts and social unrest in several exporters. And yet Brent and WTI have been languishing…
Early Monday morning, Ed Yardeni, president of Yardeni Research, wrote in a note to clients that he was adding Venezuela “to our list of disturbing developments” that could influence a volatile start to 2026. By late morning, Yardeni, like others, had watched as the stock market largely ignored the weekend’s events in which the United…
