I went to Caracas for Venezuela’s new oil deals. Here’s what stood out
Published . Updated .
CNBC was one of just a handful of news organizations allowed to travel to Caracas with the U.S. secretary of energy.
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
CNBC was one of just a handful of news organizations allowed to travel to Caracas with the U.S. secretary of energy.
Source: CNBC Top
Price since this story was published: United States Oil Fund (USO)
Since the first closing price after “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out,” United States Oil Fund (USO) is +2.66%. The S&P 500 fund (SPY) is +0.77% over the same days, a +1.89% difference versus the market. energy stocks (XLE) is +5.05%, a -2.39% difference versus that group of stocks.
United States Oil Fund (USO) filings in this energy story
- Gilbert Cisneros buy Advanced Energy Industries (AEIS) ($1,001 - $15,000). That is 17 days after publication, inside 30 days. The filing is listed beside the story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.”
- Nancy Pelosi buy Bloom Energy (BE) ($500,001 - $1,000,000). That is 46 days before publication, inside 60 days. The filing is listed beside the story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.”
- Nancy Pelosi buy Bloom Energy (BE) ($1,000,001 - $5,000,000). That is 50 days before publication, inside 60 days. The filing is listed beside the story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.”
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).
United States Oil Fund (USO) on one side of this energy story
Companies tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 12 Sep 2026 story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 12 Sep 2026 story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
For “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- AEIS Advanced Energy Industries
Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMPY Amplify Energy
Amplify Energy (AMPY) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.” Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ATO Atmos Energy
For “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out,” Atmos Energy (ATO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BE Bloom Energy
Bloom Energy (BE) is linked, with no stored direction, medium confidence in the 12 Sep 2026 story “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out.” Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How energy news reaches United States Oil Fund (USO)
On 12 Sep 2026, “I went to Caracas for Venezuela’s new oil deals. Here’s what stood out” is the story that connects United States Oil Fund (USO) to Energy.
For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
United States Brent Oil Fund (BNO) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
The price range for United States Oil Fund (USO), and the dates in the story
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“I went to Caracas for Venezuela’s new oil deals. Here’s what stood out” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.