President Trump told Fox News that the U.S. will be “very strongly involved” in Venezuela’s oil industry. Trump said, What can I say? We have the greatest oil companies in the world, the biggest, the greatest, and we’re going to be very much involved in it.” Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- Venezuela oil infrastructure unharmed in U.S. attacks, Bloomberg says
- BP Reports Total Voting Rights and Share Capital as of 31 December 2025
- BP Steps Up December 2025 Share Buybacks Under Ongoing Capital-Return Programme
- BP to Sell 65% of Castrol to Stonepeak in $10 Billion Deal to Accelerate Debt Reduction
- BP sells 65% shareholding in Castrol to Stonepeak for $6B
