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Chevron Hits Record High on Venezuela JVs and Microsoft Power Deal

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Chevron reached a 52-week high driven by Venezuelan output reaching 250,000 bpd, Guyana assets, and a 20-year power deal with Microsoft.
  • Meanwhile, Washington's separate 100-year lease agreement highlights rising Venezuelan crude supply potential despite political risks.
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