Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook
NEW YORK, January 7, 2026, 15:29 EST — Regular session Chevron fell 0.9% to $155.17 in afternoon trade after Reuters reported private equity group Quantum Energy Partners is working on a bid that could involve the U.S. oil major for Lukoil’s international assets. A Chevron spokesperson said the company “continues to assess potential opportunities,” but declined to comment on commercial matters. Reuters The Chevron stock price forecast is suddenly less about refinery margins and more about politics, with Washington moving to take a hand in Venezuelan crude sales. “We need to have that leverage and that control of those oil