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Chevron stock price jumps as oil prices bounce back

By: Invezz

Shares of Chevron (NYSE:CVX) have surged 3% today as oil prices continue a sharp rebound following a collapse on Monday and Tuesday.  Fundamental analysis: Chevron stock jumps, ignores a row with Trump Chevron stock price has surged higher despite an order from President Trump to halt oil production in Venezuela. In a bid to increase the pressure on Venezuela’s regime, President Trump signed an order yesterday instructing numerous oil companies, including Chevron, to “wind down” its operation in Venezuela by December 1. “Paragraph (a) of this general license does not authorize:(1) The drilling, lifting, or processing of, purchase or sale

The post Chevron stock price jumps as oil prices bounce back appeared first on Invezz.

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