NYSE:CVX 18 January 2026 - 25 January 2026

Chevron Corp shares are set to draw attention when U.S. markets open Monday following a Bloomberg News report that the U.S. is in discussions with Chevron and others about swift repairs to boost Venezuela’s crude output. The stock closed Friday up 0.04% at $166.72. According to the report, the plan could add several hundred thousand barrels per day with minimal new investment. Reuters could not immediately confirm the story, and neither the White House nor Chevron replied to requests for comment.

Shares of Chevron closed Friday slightly higher, up 0.04% at $166.72. The company confirmed oil production at Kazakhstan’s massive Tengiz field remains offline after a fire forced a shutdown, highlighting ongoing supply concerns that could influence crude prices.

Chevron shares climbed Wednesday after reports surfaced that the U.S. oil giant is nearing a deal to sell refining and fuel distribution assets in Singapore, a transaction worth $1 billion or more. The stock gained $2.37, or 1.4%, hitting $167.67 by midday.

Chevron Corp shares slipped 0.6% to close at $165.30 on Tuesday after Reuters reported that output at Kazakhstan’s massive Tengiz oilfield might stay offline for another 7-10 days. The delay follows a power outage caused by a fire at the field’s GTES-4 power station. Sources told Reuters that five cargoes of CPC Blend crude, transported via the Caspian Pipeline Consortium route to the Black Sea, were canceled. Chevron confirmed production at both the Tengiz and Korolev oilfields was temporarily halted as a safety measure. The Tengizchevroil joint venture is split among Chevron, Exxon Mobil, Kazakhstan’s KazMunayGas, and Russia’s Lukoil.

Chevron Corp stock will draw attention when U.S. markets open Tuesday after the Chevron-led Tengizchevroil venture temporarily shut production at Kazakhstan’s Tengiz and Korolev oilfields. The move came after a power distribution system issue, described as a “precautionary measure.” The shutdown followed a fire at a Tengiz power station that was quickly extinguished; staff were evacuated with no injuries reported. Reuters estimates Tengiz’s output at roughly 860,000 barrels per day on average for 2025.