Oil Holds Gains as Traders Gird for US Vote, Hurricane Rafael [Yahoo! Finance Canada]
Chevron Corporation (CVX)
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Source: Yahoo! Finance Canada
(Bloomberg) -- Oil was steady after a five-day run of gains as the market monitored a tight US presidential election and Hurricane Rafael menaced production in the Gulf of Mexico. Most Read from Bloomberg West Texas Intermediate traded near $72 a barrel after rising 0.7% on Tuesday, with Brent crude closing below $76. Rafael is threatening about 1.7 million barrels a day of output in the US gulf, and Chevron Corp. has shut some oil and gas facilities in the area. Early results are beginning to be tallied in the US presidential election, although the final outcome in the race between Kamala Harris and Donald Trump could take days. Curbs on Russian oil exports could be eased if Trump wins, while there might be tighter sanctions on Iranian flows, according to RBC Capital Markets LLC. The US crude benchmark has rallied around 7% over the past five sessions — paring a sharp slump over the previous few weeks — as Iran escalated its rhetoric against Israel and the OPEC+ alliance pus
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CVX
Earnings
- 11/1/24 - Beat
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Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- CVX's page on the SEC website