Chevron stock drops as Venezuela oil turmoil collides with earnings countdown
Chevron shares fell nearly 2% to $160.58 Tuesday morning, reversing part of Monday’s Venezuela-driven rally. The company resumed U.S.-bound crude exports from Venezuela after a four-day pause, as investors await policy signals from Washington and Chevron’s Jan. 30 earnings call. Brent crude rose 46 cents to $62.22 a barrel.