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Maduro says Trump wants Venezuela's oil. But is that the real US goal? [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
This week the American military seized an oil tanker, which was allegedly carrying Venezuelan oil being shipped in violation of US sanctions, and threatened action against other ships. The move followed a series of military strikes on Venezuelan boats, which the US alleges are drug-trafficking vessels. President Donald Trump has called on Maduro to leave office, accusing him of sending narcotics and murderers to the US. So is it Venezuela's oil that Trump really wants? And would it actually be worth it? It is true that with an estimated 303bn barrels, Venezuela is home to the world's largest proven oil reserves. But the amount of oil the country actually produces today is tiny by comparison. Output has dropped off sharply since the early 2000s, as former President Hugo Chavez and then the Maduro administration tightened control over the state-run oil company, PDVSA, leading to an exodus of more experienced staff. Though some Western oil firms, including the US company Che [Read more]
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Stockreport

Maduro says Trump wants Venezuela's oil. But is that the real US goal? [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
This week the American military seized an oil tanker, which was allegedly carrying Venezuelan oil being shipped in violation of US sanctions, and threatened action against other ships. The move followed a series of military strikes on Venezuelan boats, which the US alleges are drug-trafficking vessels. President Donald Trump has called on Maduro to leave office, accusing him of sending narcotics and murderers to the US. So is it Venezuela's oil that Trump really wants? And would it actually be worth it? It is true that with an estimated 303bn barrels, Venezuela is home to the world's largest proven oil reserves. But the amount of oil the country actually produces today is tiny by comparison. Output has dropped off sharply since the early 2000s, as former President Hugo Chavez and then the Maduro administration tightened control over the state-run oil company, PDVSA, leading to an exodus of more experienced staff. Though some Western oil firms, including the US company Che [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS