$CVX News and Market Events
Every $CVX story Market Flux has tracked.
- Top Mover
ConocoPhillips Drops 6.1% on Fed Day as Crude Retreats on Surprise Inventory Build
ConocoPhillips fell 6.1% on Wednesday, September 16, making it the worst performer among major oil names on a day when energy was the weakest sector across the entire U.S. stock market. The…
- Top Mover
EOG Resources Falls 5.7% on Fed Day as Crude Oil Retreat Hammers Energy Sector
EOG Resources dropped 5.7% on Wednesday, September 16, making it one of the worst performers in the energy sector on what traders called Fed Day, as falling crude oil prices dragged…
- Market Flux Event
US Crude Settles Above $101 as Saudi East-West Pipeline Shutdown Raises Global Supply Fears
U.S. crude oil futures settled at $101.39 per barrel on September 14, up $1.34 or 1.34%, as markets digested the fallout from drone strikes that knocked Saudi Arabia's critical East-West…
- Market Flux Event
Global Energy Giants Rush to Expand LNG Supply as Middle East Crisis and Data Center Demand Reshape Gas Markets
A convergence of forces is driving a rapid buildup in global liquefied natural gas capacity, with major energy companies announcing expansion plans across four continents while a new…
- Top Story
Chevron to Invest $7 Billion in Venezuela Over Five Years Targeting 600,000 Barrels Per Day
Chevron announced Wednesday it has agreed with Venezuela on updated terms for its joint ventures in the country and plans to invest more than $7 billion over the next five years, with the…
- Market Flux Event
Chevron Commits $7 Billion to Double Venezuela Oil Output to 600,000 Barrels Per Day
Chevron announced Wednesday it will invest more than $7 billion over the next five years through its Venezuelan joint ventures, with a goal of more than doubling production from current…
- Market Flux Event
Chevron to Invest $7 Billion in Venezuela Over Five Years Targeting 600,000 Barrels Per Day
Chevron announced Wednesday it has agreed with Venezuela on updated terms for its joint ventures in the country and plans to invest more than $7 billion over the next five years, with the…
- Most Active
Fervo Energy Shares Surge Up to 24% After Signing 396 MW Geothermal Power Deal With Google
Fervo Energy, the Bill Gates-backed geothermal developer, signed a 396-megawatt power purchase agreement with Alphabet's Google on Tuesday, its largest such deal to date, sending shares up…
- Market Flux Event
Chevron Finalizes Deal to Add Two Orinoco Belt Oil Fields in Venezuela as National Assembly Backs Agreement
Chevron is finalizing a deal to significantly expand its operations in Venezuela by adding two giant oil fields in the Orinoco Belt, according to a U.S. official and Bloomberg reporting on…
- Market Flux Event
Global Bond Rout and Iran Strikes Send Stocks and Tech Shares Lower on September 1
U.S. equity markets opened September under broad pressure as a global bond selloff, fresh military strikes on Iran, and surging oil prices combined to revive inflation and…
- Market Flux Event
WTI Settles at $85.76 After US and Iran Resume Military Strikes Near Strait of Hormuz
West Texas Intermediate crude settled at $85.76 per barrel on Monday, up $2.36 or 2.83%, as U.S. forces struck Iranian missile launchers near the Strait of Hormuz over the weekend, ending a…
- Market Flux Event
Chevron Nears Billion-Dollar Deal to Add Two Venezuelan Heavy-Oil Fields as Halliburton Also Enters Talks
Chevron is close to a deal to expand its Venezuelan operations by adding two heavy-oil fields to its portfolio, the Wall Street Journal reported on August 28, with the agreement potentially…
- Market Flux Event
WTI Crude Settles at $82.36 as US-Iran Diplomacy Signals Ease Supply Fears
U.S. crude oil futures fell sharply on Tuesday, with October WTI settling at $82.36 per barrel, down $2.65 or 3.12%, extending Monday's losses to reach one-week lows. The selloff was…
- Top Mover
Chevron Stock Jumps 3.3% After Free Cash Flow Update and AI Power Deal as Big Oil Profits Draw Political Fire
Chevron shares rose 3.3% on Monday after the company late Friday issued an updated free cash flow outlook for the year, signaling stronger-than-expected performance, and separately…
- Top Mover
Exxon Stock Jumps 3.3% as Oil Supermajors Post Record $48 Billion Quarter Amid Political Backlash
Exxon Mobil shares rose 3.3% as oil supply fears resurfaced, capping a period in which the five major oil supermajors, Exxon, Chevron, BP, Shell, and TotalEnergies, posted a combined $48…