Oil Prices Retreat On U.S.-Iran Talks. This Supermajor Is Downgraded.
ChevronChevron(US:CVX) Investors·2026-02-02 13:12

Oil Prices Retreat On U.S.-Iran Talks. This Supermajor Is Downgraded. | Investor's Business DailyBREAKING: [Futures Off Lows, Bitcoin Dives To Lowest Since 2024]---U.S. oil prices retreated from multi-month highs early Monday as U.S.-Iran negotiations could stave off potential oil supply disruptions. Meanwhile, analysts downgraded supermajor Chevron (CVX) prior to Monday's stock market following fourth- quarter earnings last week. West Texas Intermediate oil futures fell more than 5% to below $62 per barrel ...