Oil Gains After Trump Orders Blockade of Tankers Off Venezuela [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
Brent climbed toward $60 a barrel after losing more than 5% over the previous four sessions on concerns over a swelling global glut. West Texas Intermediate was near $56. Trump said he was ordering a blockade of crude carriers going into and leaving Venezuela, according to a social media post on Tuesday. Most Read from Bloomberg Hudson Tunnel Digging Work to Start as Boring Machines Ready Can Netflix Help Save the American Mall? How This Chameleon UK Location Became a Little-Known Hollywood Backdrop New York Says Cab, Rideshare Insurance Rates to Rise 25% New York Utility Says Queue for Large Power Users Has Tripled The move is a major escalation and follows the seizure of an oil tanker last week by US forces off Venezuela. The regime of President Nicolas Maduro said the latest action was intended to steal the country's resources. Venezuela's oil production has increased since hitting a low in 2020, but is far from where it was decades ago. Tankers loaded almost 590,0
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News
- U.S. Futures, Global Markets Rise as Commodities Spurred by Trump's Venezuela Blockade [Yahoo! Finance]Yahoo! Finance
- Oil jumps 2% as Trump's Venezuela blockade stokes uncertainty [CNBC]CNBC
- Trump Revised Chevron’s Venezuela Deal. Maduro’s Oil Trader Profited. [The New York Times]The New York Times
- Oil Gains After Trump Orders Blockade of Tankers Off Venezuela [Yahoo! Finance Canada]Yahoo! Finance Canada
- Oil jumps over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela [CNBC]CNBC
CVX
Earnings
- 10/31/25 - Beat
CVX
Sec Filings
- 12/9/25 - Form 8-K
- 12/8/25 - Form 3
- 12/8/25 - Form 3
- CVX's page on the SEC website