Chevron stock jumps after hours as Venezuela licence talks put CVX back in play
Chevron shares rose 2.6% to $159.25 in after-hours trading Thursday after reports of talks with Washington to expand its Venezuela license. U.S. officials have invited Vitol and Trafigura executives to discuss Venezuelan oil sales Friday. Brent crude settled up 3.4% at $61.99 a barrel. Chevron’s Venezuelan exports fell to about 100,000 bpd in December after tighter U.S. terms.