Chevron Aktie News

Oil prices fall as risk of military conflict between U.S. and Iran tapers off

Chevron is expected to receive an expanded Venezuela license from the U.S. this week that could allow for increased production from the South American country, oil industry sources told Reuters.

Chevron and Sonoco Products both have multi-decade track records of consistent dividend growth. Getty Realty is a specialty REIT with a high yield, a dividend growth track record, and a low valuation.

Alex Cranberg, a self-described wildcatter, says he wants U.S. companies to be “bold but smart” in the region.

Venezuela has the largest reserve of crude oil in the world. With Nicolás Maduro no longer in charge, President Donald Trump wants U.S. oil companies to go into Venezuela and revitalize the struggling oil industry.

Oil prices fell well below $60 per barrel recently before rallying back above that key level this week, initially driven lower by oversupply and weak demand.

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On Saturday, hours after U.S. forces in Caracas killed at least 80 people and kidnapped Venezuelan President Nicolás Maduro, Donald Trump sounded less like a wartime commander than a developer surveying a newly acquired property. The country's future, he told reporters at his Mar-a-Lago resort, belonged to “very large United States oil companies,” which would soon be pumping “a tremendous amoun...