Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook
Chevron shares fell 0.9% to $155.17 after reports it may join a bid for Lukoil’s international assets. U.S. officials signaled plans to control Venezuelan oil sales “indefinitely,” as Chevron continues exports from the country. Brent crude dropped 1.3% to $59.94. The company’s next earnings call is set for January 30.