Why Big Oil has a long way to go in Venezuela, the ‘fallen angel’ of global crude markets
Stocks of the world’s biggest energy operators gained on Monday as traders priced in a potential new market for the companies after the US impeached Venezuelan leader Nicolás Maduro. Shares in major U.S. oil companies ExxonMobil ( XOM ) and ConocoPhillips ( COP ) both gained 2% and 3%, respectively, while Chevron ( CVX ), … Read more