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 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
Brent crude prices had dropped to nearly $60 per barrel earlier this month amid concerns over OPEC+ oversupply and a spike in trade tensions between the U.S. and China.
Global markets are bracing for significant volatility as escalating geopolitical tensions threaten to push benchmark crude oil prices towards the $89 per barrel mark. While currently trading in the $60-$65 range, the specter of supply disruptions, particularly from the Middle East and Russia, casts a long shadow over the
Washington D.C., October 29, 2025 – The global economy is bracing for a significant shift as the World Bank's latest Commodity Markets Outlook report forecasts a substantial decline in commodity prices, projecting them to reach their lowest levels in six years by 2026. This anticipated downturn, marking a fourth consecutive
Washington D.C. - As the clock ticks down on October 29, 2025, all eyes are on the Federal Reserve's Federal Open Market Committee (FOMC), which is widely expected to announce another quarter-point reduction in the benchmark federal funds rate. This highly anticipated decision marks a significant continuation of the
As October 2025 draws to a close, global financial markets are navigating a complex interplay of monetary policy shifts and geopolitical diplomacy. The Federal Reserve, acting on a softening labor market and cooling inflation, has delivered its second interest rate cut of the year, a move with profound implications for
