Venezuela, Oil and gas prices
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Shares in Chevron, Exxon and other energy companies climbed, while oil prices jumped, on Monday after Maduro's ouster.
Oil and gasoline prices could rise slightly due to Venezuelan export losses and geopolitical uncertainty, though pump prices remain at COVID-19 lows.
Oil prices steadied on Thursday after their recent slide, while stocks were off to a rocky start as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market data.
President Trump is targeting oil prices of $50 per barrel, a tough pill to swallow for the US energy industry.
New Jersey motorists are seeing the lowest gas prices in years, even against the backdrop of turbulence in Venezuela.
President Donald Trump said Saturday the U.S. will take control of Venezuela’s plentiful oil reserves and “get the oil flowing the way it should be.”