Shares of U.S. oil companies soared in premarket trade on Monday, as investors monitor the fallout from the White House's military operation in Venezuela.

Shares of U.S. oil companies soared in premarket trade on Monday, as investors monitor the fallout from the White House's military operation in Venezuela.

Geopolitical shocks historically have little impact on the stock market, and, additionally, investors do not expect the attack will escalate further.

Shares of U.S. oil majors are rising as investors bet that they will cash in after the military action that ousted Venezuelan President Nicolas Maduro.

President Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done.

U.S. control of the Venezuelan energy industry could “reshape the balance of power in international energy markets,” analysts with JP Morgan wrote Monday.

The 30-stock Dow touched an all-time high on Monday and closed at a record as oil names jumped.

Rolling coverage of the latest economic and financial news, as Brent crude drops back to $60 a barrel