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CVX Jan 2025 105.000 call

OPR - OPR Delayed price. Currency in USD
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52.850.00 (0.00%)
As of 10:05AM EDT. Market open.
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  • Reuters

    As shale oil gains slow, deepwater port struggles for customers

    As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia. In April, Enterprise Products Partners' SPOT became the first project to receive a license from the U.S. maritime regulator for a deepwater port that could load two supertankers, each of which can carry up to 2 million barrels of oil at a time. But multi-year regulatory delays, a loss of commercial backers and slowing U.S. shale production has left SPOT, or Sea Port Oil Terminal, and its three rival projects without any secured customers, energy industry executives say.

  • Bloomberg

    Oil Falls After Weekly Losses as Traders Focus on Mideast Risk

    (Bloomberg) -- Oil fell as some of the premium from tensions in the Middle East continued to fade from the market. Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareBrent slipped near $86 a barrel after posting the biggest drop since ea


    Big Oil’s Carbon Capture Conundrum

    Energy experts and environmentalists express concerns about Big Oil's overreliance on carbon capture technology as a means to decarbonize operations while maintaining high fossil fuel output.