Chevron Corporation is a multinational energy company engaged in all aspects of the oil and gas industry, including exploration, production, refining, and marketing of crude oil and natural gas. The company operates in various regions around the world, focusing on both conventional and unconventional resources. In addition to its fossil fuel operations, Chevron is also investing in renewable energy technologies, such as biofuels and geothermal energy, as part of its commitment to transitioning towards a more sustainable energy future. Through its extensive supply chain, Chevron provides fuels and lubricants for transportation, industrial, and commercial needs, while also prioritizing safety and environmental stewardship in its operations. Read More
Chevron (NYSE: CVX) is charting a nuanced course in the Permian Basin, a critical hub for U.S. oil and gas production. While the company remains a significant player, directing a substantial portion of its capital expenditure towards its U.S. upstream portfolio, it is strategically moderating its exploration and
Tech stocks edged higher Friday, rebounding from Thursday's 1.5% drop in the Nasdaq 100 as upbeat earnings from mega-cap giants kept the rally momentum alive.
U.S. stock futures have surged in late October 2025, buoyed by stellar earnings reports and subsequent rallies from tech giants Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). This significant uplift in the technology sector has not only reignited investor confidence but is also sending subtle yet profound ripples through
The global financial landscape is currently grappling with a significant downturn in oil prices, a phenomenon that has profound economic and political implications. As of October 31, 2025, Brent crude is trading around $64.49 per barrel, an 11.78% decrease year-on-year, while West Texas Intermediate (WTI) crude hovers around
Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($1.82 per share - diluted) for third quarter 2025, compared with $4.5 billion ($2.48 per share - diluted) in third quarter 2024. Included in the quarter was a net loss of $235 million due to severance and other transaction costs related to the acquisition of Hess Corporation (Hess), partly offset by the fair value measurement of Hess shares. Foreign currency effects increased earnings by $147 million. Adjusted earnings of $3.6 billion ($1.85 per share - diluted) in third quarter 2025 compared to adjusted earnings of $4.5 billion ($2.51 per share - diluted) in third quarter 2024. See Attachment 4 for a reconciliation of adjusted earnings.
New York, NY – October 30, 2025 – The S&P 500 Energy sector has roared to life today, leading the broader market with significant gains as escalating geopolitical tensions in the Middle East combine with an unexpected draw in U.S. crude inventories to send oil prices surging. This potent cocktail
The global crude oil market in October 2025 finds itself at a critical juncture, with a confluence of surging supply, moderating demand, and persistent geopolitical tensions creating a distinctly bearish price environment. Both Brent and West Texas Intermediate (WTI) crude benchmarks have recently touched four-month lows, signaling a significant shift
As of October 30, 2025, the global crude oil market is experiencing a significant upheaval, largely driven by exceptionally strong refining margins. This phenomenon, fueled by a confluence of geopolitical tensions, supply chain disruptions, and robust demand for refined products, is creating a lucrative environment for refiners while simultaneously introducing
As late 2025 draws to a close, India finds itself at a critical juncture in its energy procurement strategy, facing intensified pressure from Western nations over its continued substantial imports of Russian crude oil. Recent announcements by the US, including fresh sanctions targeting major Russian oil corporations and steep tariffs
The global crude oil market in late 2025 is grappling with a profound paradox: unprecedented U.S. oil production levels are colliding head-on with the most aggressive Western sanctions yet imposed on Russia's energy sector. This epic tug-of-war is creating a volatile and often contradictory environment for global crude oil
New York, NY – October 30, 2025 – The global crude oil market finds itself at a pivotal juncture, exhibiting a delicate balance as West Texas Intermediate (WTI) hovers around $60.50 per barrel and Brent crude trades near $64.95. This apparent stability, however, masks an underlying tension driven by surging
Vivakor, Inc. (NASDAQ: VIVK) today announced the official launch of a significant $24 million commodity trade transaction through its newly operational Vivakor Supply & Trading (VST) arm. This strategic move marks Vivakor's full-scale entry into the crude oil marketing sector within the highly active Permian Basin, aiming to leverage its existing
The global financial landscape is poised for a significant shift as the World Bank forecasts a broad-based decline in commodity prices, projecting them to reach a six-year low by 2026. This anticipated downturn, marking the fourth consecutive year of depreciation, is driven primarily by a burgeoning oil surplus, weakening global
Washington D.C. – October 30, 2025 – The Federal Reserve, yesterday, delivered a widely anticipated 25-basis-point interest rate cut, bringing the federal funds rate to a target range of 3.75%-4.00%. This marks the second consecutive reduction in 2025, signaling a response to a softening labor market and ongoing
