Oil price news: Oil heads for weekly gain on signs of firmer market before data [BNN Bloomberg (Canada)]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: BNN Bloomberg
Brent rose slightly to top US$89 a barrel and is 2.3 per cent higher for the week. Figures earlier this week showed U.S. crude stockpiles falling, and key timespreads indicate tight supplies. A gauge of US markets known as the cash roll, which measures the demand for barrels for immediate delivery at a key storage hub in Oklahoma, is the strongest since 2022. The U.S. Federal Reserve's preferred inflation figure is due later Friday, coming on the heels of statistics showing weaker U.S. economic growth. Other gauges of price increases in the U.S. remained hotter-than-expected, suggesting the timing of rate cuts may be pushed back. Crude has advanced this year on supply cuts implemented by OPEC+ and political risks in the Middle East, including heightened tensions between Israel and Iran that lifted Brent above $90 a barrel earlier this month. Despite the nearby strength, there are concerns in other corners of the market. In Europe, diesel's premium to crude is the smallest since
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CVX
Earnings
- 4/26/24 - Beat
CVX
Sec Filings
- 5/2/24 - Form 10-Q
- 4/30/24 - Form 144
- 4/29/24 - Form 4
- CVX's page on the SEC website