Companies To Watch: Why Venezuela’s crisis is putting Chevron back in focus

Published on 6 Jan 2026
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Geopolitical risk is back in focus for oil markets, following dramatic developments in Venezuela and fresh comments from Donald Trump on the country’s future and its oil resources.

On Companies to Watch, Dan Koh and Emaad Akhtar look at how Chevron, the only major U.S. oil producer still operating in Venezuela, has responded so far, why its shares have moved, and what this means for investors.

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