Chevron Corporation News
Buffett Receives OK to More Than Double Occidental Petroleum Stake
Berkshire Hathaway plans to raise its stake in Occidental Petroleum to 50% of the company's shares.
Crude Oil Falls Below $90, Gasoline Prices Decline for 61 Days
Gasoline is selling for an average of $3.92 a gallon.
Oil Prices Slide Below $88 A Barrel As China Demand Fades, U.S. Output Rises
Surging U.S. output, set against fading demand from China, as global oil prices on the back foot again Monday and adding further downward pressure to domestic gas prices.
Buffett's Berkshire: Investments Faced Loss, Operating Earnings Rose
Berkshire Hathaway, the conglomerate run by Warren Buffett, suffered investment losses due to the market volatility.
Stock Market Today - 7/29: Stocks Finish Higher On Apple, Amazon Boost; Inflation Data Sparks Fed Rate Bets
A pair of better-than-expected big tech earnings, as well as fading bets on big Fed rate hike, has stocks heading towards their best monthly gains in nearly two years.
Exxon Stock Higher As Q2 Profits Near $18 Billion Amid Crude Price Surge
“Strong second-quarter results reflect ... the investments we put in motion several years ago and sustained through the depths of the pandemic,” said CEO Darren Woods.
Chevron Stock Surges As Oil Price Surge Drives Q2 Earnings Beat, Record Profits
Chevron said group revenues rose more than 80% to just under $69 billion as global crude prices surged in the wake of Russia's invasion of Ukraine.
Tips for Retirees to Deal with Falling Stocks and Bonds
The markets' slide particularly hurts retirees, who may have to sell some of their stocks and bonds to finance spending.
Alphabet CEO Pichai Continues to Sound Alarm About the Economy
The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.