Chevron rises in pre-market trading as oil prices surge on Middle East tensions

Chevron (CVX) rose to $185.44 in pre-market trading, continuing a positive trend as the energy sector gains momentum from rising crude oil prices. The stock has outperformed the broader market recently, driven by geopolitical uncertainty and supply disruption concerns.

• Crude oil prices climbed toward $65.25/barrel amid military activity in the Middle East.
• CVX has returned 10.5% over the past month, significantly outpacing the S&P 500.
• The stock is currently up 0.85% from its prior close of $183.87.