Venezuela, Chevron and oil
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Take a look at some of this year's top-performing oil ETFs and consider whether they deserve a spot in your portfolio.
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Is now a good time to invest in oil stocks?
Investing in oil stocks can be a lucrative endeavor, but determining the right time to enter a sector known for volatile swings can be tricky. Over the past five years, the oil market’s inherent volatility has been on clear display.
Oilfield services and refiners face short-term volatility, but structural demand supports a cautiously constructive outlook for 2026. Read more here.
The price of oil is way off of recent-year highs. A barrel of West Texas Intermediate (WTI) crude hit $120 in June 2022. Today, a barrel of WTI costs half that level. The dynamics of Brent crude (the kind that comes from the North Sea and the Middle East) are very similar.
Venezuela's acting president signs law ending state oil monopoly, reversing decades of socialist policy to allow private companies control of the industry.