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Business

Oil Prices Rise as Trump Revokes Chevron’s License in Venezuela

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

Oil prices rose for the first time in three days following President Trump’s cancellation of Chevron’s Venezuela operating license, affecting global supply dynamics. Brent crude increased by 0.33% to $72.77, …

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Business

Oil Prices Rise Following Trump’s Revocation of Chevron’s Venezuela License

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

On Thursday, oil prices rose for the first time in three days due to concerns over supply after U.S. President Trump revoked Chevron’s license to operate in Venezuela. Brent crude …

Oil Prices Rise Following Trump’s Revocation of Chevron’s Venezuela License Read More
Business / economics / Technology

Trump’s Chevron Ban: Market Implications and Venezuelan Response

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Trump’s Chevron ban triggered a rise in oil prices and a 0.8% drop in Chevron’s stock due to its exit from Venezuela. Market reactions include slight increases in Brent and …

Trump’s Chevron Ban: Market Implications and Venezuelan Response Read More
Business / economics

Oil Prices Rebound After Trump’s Reversal of Chevron’s Venezuela License

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Oil prices increased modestly after President Trump revoked Chevron’s operating license in Venezuela, which could tighten global supply. Brent futures rose to $72.72 per barrel, while WTI reached $68.78. This …

Oil Prices Rebound After Trump’s Reversal of Chevron’s Venezuela License Read More
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