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Stockreport

Tanker Seizure Forces Chevron to Slash Prices on Venezuelan Crude [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
an already-fragile export channel and adding fresh volatility to Gulf Coast markets. Traders familiar with the matter told Bloomberg that Chevron sold a batch of Venezuelan crude on December 11 at weaker levels than a similar offer just two days earlier. The timing was impossible to miss: the discount came immediately after U.S. forces boarded and seized the Skipper , a sanctioned crude carrier intercepted in the Caribbean and believed to be en route to the United States. The Skipper is now anchored near the Dominican Republic, awaiting instructions and adding unwelcome barrels to an already soft Gulf Coast market. Its uncertain fate has depressed regional pricing further, traders say, at a moment when Brent and other benchmarks have also drifted lower. For Washington, the tanker seizure is part of something much bigger. The Trump administration has moved sharply back into maximum-pressure mode on Caracas, rolling out a wave of sanctions that hit three members of Nicolás Maduro' [Read more]
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Stockreport

Tanker Seizure Forces Chevron to Slash Prices on Venezuelan Crude [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
an already-fragile export channel and adding fresh volatility to Gulf Coast markets. Traders familiar with the matter told Bloomberg that Chevron sold a batch of Venezuelan crude on December 11 at weaker levels than a similar offer just two days earlier. The timing was impossible to miss: the discount came immediately after U.S. forces boarded and seized the Skipper , a sanctioned crude carrier intercepted in the Caribbean and believed to be en route to the United States. The Skipper is now anchored near the Dominican Republic, awaiting instructions and adding unwelcome barrels to an already soft Gulf Coast market. Its uncertain fate has depressed regional pricing further, traders say, at a moment when Brent and other benchmarks have also drifted lower. For Washington, the tanker seizure is part of something much bigger. The Trump administration has moved sharply back into maximum-pressure mode on Caracas, rolling out a wave of sanctions that hit three members of Nicolás Maduro' [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
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