The president reportedly expressed he was open to reversing his decision from earlier this month, when he ordered Chevron to wind down operations in Venezuela within 30 days.
It seems like a distinct possibility that the current market pullback could last for an extended period. Of course, I do not know the exact path the market will take moving forward, but the best thing we as investors can do is prepare for all the possible scenarios ahead of us, especially the worst case.
The Investment Committee give you their top stocks to watch for the second half.
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying Chevron at these levels. Jim Lebenthal explains why Exxon Mobil is his top energy pick.
CVX CEO Mike Wirth lobbies Washington for a 60-day extension to wind down operations in Venezuela after Trump revokes its oil pumping license.
President Donald Trump indicated he is open to extending Chevron's license to produce oil in Venezuela during a meeting with oil executives Wednesday, according to The Wall Street Journal. The Trump administration had given Chevron until April 3 to wind down its operations.
Warren Buffett, widely regarded as the greatest investor of all time, has amassed generational wealth for himself and Berkshire Hathaway ( NYSE:BRK-A )( NYSE:BRK-B ) shareholders by following a simple investing strategy: investing in high-quality companies at fair prices and holding for the long term.
The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South American nation, the Wall Street Journal reported on Thursday, citing people familiar with the discussions.
WASHINGTON—The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South American nation, according to people familiar with the discussions.
In late 2023, Chevron (CVX 1.98%) made a bold move by agreeing to acquire Hess (HES 2.38%) for $53 billion. The transaction will enhance and extend the company's production and free cash flow growth outlook into the next decade.
U.S. oil giant Chevron is lobbying Washington to allow for more time to wind down its operations in Venezuela after President Donald Trump's administration revoked the company's license to pump oil in the country, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
CVX accelerates data center power plans with natural gas and renewable energy, aiming to meet U.S. electricity demands by 2027-2028.