Chevron stock set for spotlight on Dow Jones as Venezuela shock reshapes oil playbook
U.S. officials told oil executives they must invest heavily in Venezuela to recover expropriation-era debts, sources said. Chevron closed up 2.3% at $155.90 Friday and is the only U.S. major still operating in Venezuela. Oil prices fell early Monday, with Brent down 0.8% to $60.26 a barrel. OPEC+ agreed to maintain output levels.