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Chevron and Exxon Shares Jump on Middle East Disruptions and Venezuela Deal

Chevron logoChevron
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Exxon Mobil logoExxon Mobil
Sig2.68Sen-1.25Env0.00Soc+0.35Gov0.00

Exxon’s Q1 report showed $706 million in losses linked to Middle East supply disruptions, and CEO Darren Woods said Middle East events tested the company’s strength while keeping the safety of its people as the top priority. Market sentiment also rose as Trump-backed plans to expand U.S. control of Venezuela oil reserves encouraged major oil shares.

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