Chevron (CVX) nears record highs as analysts lift price targets following Venezuela's $100B oil deal and strong Q2 earnings. Key details for investors.
The Trump administration announced a deal Friday to develop a vast amount of Venezuela's oil reserves, with the U.S. taking a majority stake. Energy experts say there are many reasons to be skeptical.
Trump's Venezuela oil deal promised lower prices, but Brent crude climbed toward $90 as Middle East risk outweighed the new supply. The post Trump Announced the Biggest Oil Deal Ever: Why Did Prices Jump? appeared first on BeInCrypto.