Chevron: Never Bet Against A Leading Oil Major
Chevron(CVX) Seeking Alpha·2024-06-04 15:30
jewhyte Chevron Stock Outperformed Amid Recent Worries Chevron Corporation (NYSE:CVX) investors have endured a challenging few weeks as underlying crude oil futures (CL1:COM) (CO1:COM) have continued to suffer from bearish market sentiments. OPEC+'s extension of its voluntary cuts also sent mixed signals to the market, with plans to "start unwinding output cuts as early as October." As a result, it has justified the caution seen among oil investors as WTI crude oil futures topped in early April 2024. Accord ...