Chevron stock barely budges as oil ends 2025 under pressure; OPEC+ in focus
Chevron shares were little changed at $152.27 in afternoon trading as oil prices neared their biggest annual drop since 2020. U.S. crude inventories fell by 1.9 million barrels, while gasoline and distillate stocks rose sharply, according to the EIA. The Caspian Pipeline Consortium halted Black Sea oil exports due to bad weather. OPEC+ meets Jan. 4, with traders watching for signals on 2026 supply and demand.