Crude oil futures have slipped below $100/bbl as recession fears rise, but Chevron (CVX) CEO Michael Wirth told CNBC on Wednesday that the price downturn could be fleeting as the oil.
Chevron (CVX) is preparing to take operating control of its joint ventures in Venezuela if the Biden administration relaxes sanctions on the country to increase crude supplies after.
Chevron (CVX) tops the Dow Jones index and hits a new 52-week high after raising its stock buyback program to $5B-10B per year, up from previous plans for $3B-5B of annual.