It's possible, but we'll probably never know. However, the WTI price is under $60 and going down. The last thing any big oil companies need is more crude supply into the market lowering the benchmark price even lower, especially particularly expensive (to extract) Venezuelan crude
I think you’re looking in the short term. Long term control of those supplies would be valuable.
> The last thing any big oil companies need is more crude supply into the market lowering the benchmark price even lower, especially particularly expensive (to extract) Venezuelan crude
Check Chevron's stock on Monday to see if you're right. My prediction: It will be significantly up, showing that the action benefited them.