According to @CNBC, premarket movers include Chevron (CVX), Halliburton (HAL), QXO (QXO), and Duolingo (DUOL), highlighted as among the biggest stock moves before the U.S. open. source: CNBC The report does not provide catalysts and does not mention any cryptocurrency assets or crypto-market impacts. source: CNBC

According to The Kobeissi Letter, Chevron (CVX) rose about 11% in overnight trading, implying roughly a $35 billion market-cap increase on headlines it described as the US taking control of Venezuela (source: The Kobeissi Letter). The Kobeissi Letter also highlighted Venezuela’s roughly 303 billion barrels of proven reserves and the heavy-crude composition, a reserves figure corroborated by OPEC statistical reports (sources: The Kobeissi Letter; OPEC Annual Statistical Bulletin). Texas and Louisiana host multiple large heavy-crude refineries, making US Gulf Coast margins sensitive to shifts in Venezuelan heavy supply (source: US Energy Information Administration refinery configuration and capacity data). For near-term positioning, such flows typically favor integrated majors and heavy-crude-focused refiners over light-sweet producers, while heavy–light differentials and crack spreads can adjust to supply headlines (source: US Energy Information Administration analysis of refinery feedstocks and margins). Crypto impact: energy is a dominant operating cost for BTC miners; off-grid operations using diesel are more exposed to oil price moves, while grid-connected miners are primarily tied to regional power tariffs driven by gas and renewables in many US markets (sources: Cambridge Centre for Alternative Finance on mining electricity costs; US Energy Information Administration on US generation mix and diesel dynamics).

According to @business, refineries owned by HF Sinclair (DINO) and Phillips 66 (PSX) received exemptions from U.S. biofuel blending mandates on Friday, while Chevron’s (CVX) requests were denied on Nov 7, 2025, under the Trump administration, source: Bloomberg @business. These exemptions waive Renewable Fuel Standard obligations at the named facilities by removing the need to blend biofuels or purchase Renewable Identification Number credits for the covered period, directly altering facility-level compliance costs and RIN exposure, source: U.S. EPA Renewable Fuel Standard Program. HF Sinclair trades as DINO, Phillips 66 as PSX, and Chevron as CVX on the NYSE, source: NYSE. The source did not report any cryptocurrency market effects or impacts on BTC or ETH, source: Bloomberg @business.

According to @StockMKTNewz citing Reuters, the first two cargo ships carrying Venezuelan oil exported by Chevron (CVX) after receiving a fresh U.S. authorization last month have departed for the United States (source: Reuters). Additional Venezuelan barrels increase U.S.-bound supply, and increases in crude supply generally put downward pressure on prices under global supply-demand dynamics (source: U.S. Energy Information Administration). Energy prices carry a meaningful weight in U.S. headline CPI, so oil moves feed directly into inflation prints that markets track (source: U.S. Bureau of Labor Statistics). The Federal Reserve targets 2 percent inflation, making inflation data a key driver of policy expectations that influence risk assets (source: Federal Reserve). Crypto markets have shown stronger co-movement with equities and macro shocks since 2020, so policy- and inflation-driven risk sentiment can spill over to BTC and ETH volatility and liquidity (source: International Monetary Fund).