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Stockreport

Nine companies rent 23 million barrels worth of space in U.S. emergency oil reserve -official [Reuters]

Chevron Corporation (CVX)  More Company Research Source: Reuters
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Nine companies rent 23 million barrels worth of space in U.S. emergency oil reserve -official WASHINGTON (Reuters) - Nine companies including Chevron Corp , Exxon Mobil Corp and Alon USA Inc have agreed to rent space to store 23 million barrels of crude in the U.S. emergency oil reserve, a U.S. official said on Wednesday, as the Trump administration tries to help energy firms deal with the crash in oil prices. The Department of Energy, or DOE, said on April 2 it would offer to oil companies 30 million barrels of space in the Strategic Petroleum Reserve, or SPR. Later in the month, it said that companies were in contract negotiations for only 23 million barrels of space. President Donald Trump had ordered Energy Secretary Dan Brouillette in March to fill the reserve, which has about 77 million barrels of free space, “to the top.” But an initial plan to buy about 30 million barrels fell through after the U.S. Congress declined to fund the purchase. The Energy Department did not immediat [Read more]
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Stockreport

Nine companies rent 23 million barrels worth of space in U.S. emergency oil reserve -official [Reuters]

Chevron Corporation  (CVX) 
More Company Research Source: Reuters
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Nine companies rent 23 million barrels worth of space in U.S. emergency oil reserve -official WASHINGTON (Reuters) - Nine companies including Chevron Corp , Exxon Mobil Corp and Alon USA Inc have agreed to rent space to store 23 million barrels of crude in the U.S. emergency oil reserve, a U.S. official said on Wednesday, as the Trump administration tries to help energy firms deal with the crash in oil prices. The Department of Energy, or DOE, said on April 2 it would offer to oil companies 30 million barrels of space in the Strategic Petroleum Reserve, or SPR. Later in the month, it said that companies were in contract negotiations for only 23 million barrels of space. President Donald Trump had ordered Energy Secretary Dan Brouillette in March to fill the reserve, which has about 77 million barrels of free space, “to the top.” But an initial plan to buy about 30 million barrels fell through after the U.S. Congress declined to fund the purchase. The Energy Department did not immediat [Read more]
IMPACT SNAPSHOT
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CVX
Last Price
Price Change
Price Change %
Volume Shares
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS