Jim Cramer Explains the Risks and Reality of Chevron’s Venezuela Exposure

Chevron Corporation (NYSE:CVX) is one of the stocks Jim Cramer offered insights on. Cramer highlighted the company’s interest in Venezuela, as he said: “You have Chevron with its Venezuelan interest, it’s held for ages. Now, it might get more than the 100,000 barrels per day that it currently pumps from the once great Venezuelan reserves. The country only pumps about 900,000 barrels a day, and most of it goes to China. Maybe that contract can be broken. Venezuela owes so much to China, as much as $50 bill ...