A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks
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President Trump calls it the biggest oil deal in world history. The secret 50-year contract the Washington Post obtained gives taxpayers a 35% stake in Alejandro Betancourt's Venezuelan producer and 20% of its oil at $30 a barrel. At Tuesday's $91.49 Brent that discount is worth
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+4.8% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| BWET | +35.67% | +29.19% | base | +4.90% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.25% | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | +0.78% | after close | after close | after close |
| COP | +0.96% | +0.52% | base | +1.36% | after close | after close | after close |
| SHEL | +4.68% | +1.86% | base | +0.63% | after close | after close | after close |
| FRO | +10.52% | +3.52% | base | +4.39% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks 24/7 Wall St.
Source: 24/7 Wall St.
Frontline (FRO) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +4.90% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +29.19% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.67% | final price |
| Conocophillips (COP) | that day | +1.36% | still updating |
| Conocophillips (COP) | three days earlier | +0.52% | final price |
| Conocophillips (COP) | five days earlier | +0.96% | final price |
| Chevron (CVX) | that day | +0.78% | still updating |
| Chevron (CVX) | three days earlier | +0.67% | final price |
| Chevron (CVX) | five days earlier | +2.73% | final price |
| Frontline (FRO) | that day | +4.39% | still updating |
| Frontline (FRO) | three days earlier | +3.52% | final price |
| Frontline (FRO) | five days earlier | +10.52% | final price |
| Shell (SHEL) | that day | +0.63% | still updating |
| Shell (SHEL) | three days earlier | +1.86% | final price |
| Shell (SHEL) | five days earlier | +4.68% | final price |
| United States Oil Fund (USO) | that day | +2.37% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.25% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +3.07% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Frontline (FRO)
The side that tends to collect
- XOM ExxonMobil Holdings
For “A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- FRO Frontline
Frontline (FRO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks.” Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
In “A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
How energy news reaches Frontline (FRO)
“A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks” (11 Nov 2026) reaches Frontline (FRO) through Energy.
What ties Frontline (FRO) to the headline is this: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story
A second company, United States Oil Fund (USO), is listed for a different reason: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
The price range for Frontline (FRO), and the dates in the story
FRO traded between 47.51 and 59.74 across 20 sessions. The latest close on file is 48.49. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
What the saved facts support for Frontline (FRO)
46 out of 100Price not final
“A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.