Franklin Income Focus ETF(INCM.US)

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Franklin Income Focus ETF
INCM.US
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Venezuela's oil industry needs rebuilding. These U.S. companies will do it.

The U.S. aims to rebuild Venezuela's oil industry, with companies like Halliburton and Exxon Mobil expected to play key roles. This move could lower oil prices, benefiting the U.S. economy while pressuring Russia. President Trump highlighted the return of U.S. assets nationalized by Venezuela. The U.S. could become a global oil superpower, improving its economic resilience and potentially altering trade routes. However, risks include China's response and geopolitical tensions. The strategy reflects a reassertion of U.S. power in the region, with significant implications for global oil markets.

Dow Jones·
US
XOM
+1.38%
Dow Jones·
US
XOM
+1.38%

LIVE MARKETS-Retail traders kick-off the year with a bang, energy companies in vogue

Retail investors have started the year strongly, heavily buying energy stocks, particularly those linked to Venezuela, following the U.S. arrest of President Nicolas Maduro. J.P. Morgan reported significant inflows, with $22 million in Halliburton and $62 million in Chevron shares purchased on January 5. Chevron's shares rose 5.1% as optimism grew over potential access to Venezuela's oil reserves. Retail inflows in U.S. equities reached the second-highest weekly buying levels in nearly eight months, indicating a strong presence of individual investors in the market.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%

Chevron Controller Alana K. Knowles Reports Disposal of Common Shares

Alana K. Knowles, Controller at Chevron Corporation, has reported the disposal of common shares of the company. The full filing is available through the provided link. This news was generated by Public Technologies and is for informational purposes only, not to be considered as financial, investment, or legal advice. Chevron Corporation is responsible for the original content published via EDGAR on January 07, 2026.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%

Venezuela's PDVSA says oil supply negotiations with US progressing

Venezuela's state-run oil company PDVSA announced progress in negotiations with the U.S. for oil sales, emphasizing that the U.S. must purchase cargoes at international prices. This follows a deal allowing access to $2 billion worth of Venezuelan crude, amid U.S. demands for greater access to the oil industry. PDVSA stated that discussions are based on legal and transparent commercial terms, with Chevron being the only company currently exporting Venezuelan oil under a special U.S. license despite ongoing sanctions.

Reuters·
US
CVX
+1.80%
Reuters·
US
CVX
+1.80%

US Stocks Advance on Wednesday

US stocks rose on Wednesday, buoyed by expectations of lower Federal Reserve rates, supporting earnings prospects. The Dow and S&P 500 reached new peaks, while the Nasdaq 100 remained stable. ADP data indicated a slight rebound in private sector employment, aligning with a slow labor market. Semiconductor stocks like Micron and Texas Instruments surged over 6%. Additionally, oil company stocks, including Valero and Chevron, gained after news of initial oil exports from Venezuela, benefiting Gulf Coast refineries.

Trading Economics·
US
TXN
+0.99%
US
CVX
+1.80%
Trading Economics·
US
TXN
+0.99%
US
CVX
+1.80%
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