Trump is threatening to attack a country with more oil than Iraq [CNN]
Chevron Corporation (CVX)
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Source: CNN
The US State Department has denied that oil played a central role in America's military sending more than a dozen warships and 15,000 troops to the region – or that oil is behind President Donald Trump's warnings that land strikes could be imminent and planes should avoid Venezuelan air space . Instead, the Trump administration says its military threats are part of America's effort to stop flows of undocumented migrants and illegal drugs from Venezuela. Whatever the rationale behind the rapidly intensifying situation in the Caribbean, if regime change is coming to Venezuela, the largest proven oil reserve on Earth will play a central role in the country's future. Venezuela's massive pot of black gold Most people associate large oil stockpiles with the Middle East or Texas, but Venezuela is sitting on a massive 303 billion barrels worth of crude – about a fifth of the world's global reserves, according to the US Energy Information Administration . It's the planet's single-larges
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- Chevron Announces 2026 Capex Budget of $18 to $19 Billion [Yahoo! Finance]Yahoo! Finance
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- Chevron Initiates Discussions With Syria Over Oil and Gas Exploration [Yahoo! Finance]Yahoo! Finance
- Chevron (NYSE:CVX) was upgraded by analysts at Hsbc Global Res from a "hold" rating to a "strong-buy" rating.MarketBeat
CVX
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- 10/31/25 - Beat
CVX
Sec Filings
- 12/4/25 - Form FWP
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- CVX's page on the SEC website