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Stock impact report

Chevron (CVX) Maintains Presence in Venezuela Despite Tensions [Yahoo! Finance]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Company Research Source: Yahoo! Finance
Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) is maintaining its presence as the largest foreign investor in Venezuela, despite the mounting geopolitical tensions and ongoing US sanctions. The company operates under a US license allowing it to produce and export oil from Venezuela, without the risk of sanctions. Therefore, while the US blockade in the Caribbean has driven other vessels to turn away, Chevron's ships continue to sail by freely. A Bloomberg report on December 18 revealed that Chevron Corporation (NYSE:CVX) is preparing to ship about 1 million barrels of Venezuelan crude. The company had already finished loading a cargo onto the tanker Searuby and was in the process of loading another onto the vessel Minerva Astra. Moreover, Chevron has sold at least 10 cargoes for delive Show less Read more
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