Chevron stock slips before the open on Venezuela license talks — what investors watch next
Chevron stock fell 0.8% to $155.20 in premarket trading on Thursday after Reuters reported the oil major is in talks with the U.S. government to expand a key Venezuela operating license. The potential change could lift exports back toward earlier levels — after they were cut to about 100,000 barrels per day in December from roughly 250,000 earlier in the year — and allow Chevron to sell Venezuelan crude beyond its own refineries, sources familiar with the talks said. Reuters