Energy Daily

US Refiners Are Early Winners in Trump’s Venezuela Plan

Shares of some of the largest American oil processors have surged this week.
Refiners like Valero Energy Corp. are specifically equipped to handle the thick, heavy oil that flows from Venezuelan fields.Photographer: Mark Felix/Bloomberg
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Welcome to our guide to the commodities driving the global economy. Today, reporter Nathan Risser looks at the companies that are most likely to benefit in the near term from access to Venezuelan oil.

In the days since President Nicolás Maduro’s capture and extraction from Caracas, much has been made of US plans to send its companies to rebuild Venezuela’s shattered oil sector.