Trump’s Venezuela Oil Plan: Potential Winners and Losers Across Energy and Industrial Stocks

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter! DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA”

How Will Trump’s Statement Affect the Stock Market?

This latest post has the potential to affect the stock market. That’s because The announcement of 30–50 million barrels of Venezuelan oil heading to the U.S. at market prices could modestly pressure global crude prices and refine margins, which may weigh on upstream majors like Chevron (CVX) and Exxon Mobil (XOM) while offering a slight volume-driven tailwind to refiners such as Valero (VLO). Midstream and shipping names like Kinder Morgan (KMI) and Scorpio Tankers (STNG) could benefit from higher transport and storage demand, potentially improving utilization and cash flows. Energy-focused ETFs (XLE, VDE, OIH) may see mixed but generally positive sentiment from increased U.S. energy flows, while broad industrial ETFs (VIS, XLI, IYJ) would likely experience only marginal indirect effects tied to energy-cost expectations and macro risk sentiment.

Here are some of the stocks that might be affected:
Chevron ((CVX)),
Exxon Mobil Corp. ((XOM)),
Kinder Morgan Inc ((KMI)),
Scorpio Tankers ((STNG)),
Valero Energy Corporation ((VLO)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
Energy Select Sector SPDR Fund ((XLE)),
VanEck Oil Services ETF ((OIH)),
Vanguard Energy ETF ((VDE)),
iShares U.S. Industrials ETF ((IYJ)).