Chevron Rises 1.5% as Brent Tops $100 and AI Power Deal Gains Focus
Chevron climbed about 1.5% to $213 as Brent crude broke above $100 a barrel. The company reported $18.1 billion in free cash flow, boosted production 20% to 4.07 million barrels of oil equivalent per day, and cut debt by $8.4 billion. A 20-year deal to supply Microsoft 2.67 gigawatts of behind-the-meter power adds an AI data-center earnings lane.