Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
Category: Chevron Corporation
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Oil Prices Drop, Despite Heightened Sanctions on Russian Crude
The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
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Zero-Covid Protests in China Shake Global Markets
Stock markets in Asia and Europe fell on Monday, as did U.S. futures and crude prices, as investors worried about the fallout of social unrest in China.
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U.S. Allows Chevron to Expand Energy Operations in Venezuela
The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
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Exxon and Chevron Rack Up Giant Profits
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
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Exxon and Chevron Rack Up Giant Profits
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.