Chevron Corp
NYSE: CVX
$148.76
-$2.36 (-1.6%)
Closing Price on October 8, 2024
CVX Articles
The Dow stocks were split between losers and winners Wednesday with IBM and J&J leading the losers while Home Depot and Chevron paced the winners.
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U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014.
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The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
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These eight oil stock are trading near 52-week lows, are rated Buy and have some solid upside to their price targets.
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The March 29 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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Shares of these four mega-cap companies still offer value and potential upside, and they have come down dramatically in price over the past few months.
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DowDuPont, Boeing, Chevron, and Caterpillar were Thursday's leaders among the Dow 30.
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Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum...
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The U.S. commercial crude oil inventory rose by more than 1 million barrels last week, but stockpiles of gasoline and diesel fuel dropped.
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The March 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
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General Electric, Chevron, Exxon, and DowDuPont were the leading Dow gainers Wednesday.
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A Wednesday lease sale covering 77 million acres of the U.S. Gulf of Mexico drew few bids and not much cash.
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The U.S. crude oil inventory dropped unexpectedly last week and combined with tensions over supplies from the Middle East, crude prices have pushed higher Wednesday.
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Jefferies has made a big move by adding a top retail company to its well-respected Franchise Picks list of stocks to Buy.
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The February 28 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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