Chevron Stock (CVX) Week Ahead Forecast: Venezuela Oil Crackdown, Holiday-Thin Trading, and the Key Levels to Watch (Dec. 22–26, 2025)
Chevron closed Friday at $147.75, trading below key moving averages and well off autumn highs. U.S. authorities intercepted oil tankers near Venezuela, increasing scrutiny on sanctions evasion; only Chevron-chartered vessels were reported moving Venezuelan crude after the seizures. Chevron’s U.S.-licensed joint ventures in Venezuela export about 150,000 barrels per day to the Gulf Coast. Low holiday trading volume may amplify market reactions to oil headlines this week.