CVX is trading at 3% up now at $159.89, following fresh focus on its Venezuela exposure and expansion optionality.
- Intraday reports position Chevron as a key beneficiary of the post-Maduro Venezuela oil opening.
- The move is supported by news of a new $2 billion Venezuelan export deal.
- U.S. officials and energy executives are currently discussing easing sanctions and providing investment guarantees for operations in the country.