Category: Chevron Corporation

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
The Head Spinning Reality of Venezuela’s Economy

The New York Times – Business:
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding scarcity has increasingly become one of haves and have-nots.
How Markets Have Redefined Value and Growth Stocks

The New York Times – Business:
With the exception of Apple, eight tech giants are no longer “pure growth” stocks, while Exxon and Chevron are, a new study says. Our columnist says: Buyer, beware.
Tech Earnings Disappoint Investors as Giants Stress Cost Cuts

The New York Times – Business:
Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown.
Oil Giants, After Surge in Profits, Are Wary About Spending

The New York Times – Business:
Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.
Tesla Bulls Take Heart From Strong Profits

The New York Times – Business:
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
Oil Prices Drop, Despite Heightened Sanctions on Russian Crude

The New York Times – Business:
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.
Zero-Covid Protests in China Shake Global Markets

The New York Times – Business:
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.
U.S. Allows Chevron to Expand Energy Operations in Venezuela

The New York Times – Business:
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.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
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.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.