The Latest Breaking News from Chevron

Australia's oil and gas resources are overwhelmingly exploited by global multinationals and most of these corporations pay no tax.

Someone with a lot of money to spend has taken a bearish stance on Chevron (NYSE:CVX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

At the gas station near my home in Burbank, California, gas prices last week were an astronomical $6.50 per gallon, much higher than the nationwide average of $4.67, and just above the statewide average of $6.19 per gallon. Filling up the tank can cost a shocking $100. Working families cannot…

OPEC+’s decision to hike oil output is not expected to ease the global supply crunch immediately and bring down prices. As the worldwide demand strengthens with the lifting of China’s lockdowns and countries’ increased focus on ensuring domestic availability, companies engaged in the upstream activities should benefit. Therefore, prominent energy…