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via finance.yahoo.comMarkets

Chevron hits new 52-week high as Brent nears $112 on Houthi attacks

FROM THE WIRE · FINANCE.YAHOO.COM

Chevron Corporation(NYSE:CVX) shares edged higher premarket on Thursday, trading above their previous 52-week high of $227.28. Brent crude climbed around 3% on Thursday to approximately $112 at the time of writing amid escalating Houthi attacks in Saudi Arabia and further…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishHouthi attacks and supply disruptions push crude prices and energy stocks higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent rose around 3% to about $112.
  2. 02Houthi attacks on Saudi Arabia and ships in the Strait of Hormuz weigh on supply.
  3. 03PVM Oil expects oil prices to stay elevated until the US midterm elections.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Chevron CorporationCVXStock223.16 USD-0.83%today -1.60%Positive Saudi Arabian Oil Company2222.SRStock25.40 n/aMarket closedtoday -0.70%Positive Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity111.13 USD-0.16%today +2.12%Positive Crude Oil WTICOMMODITY:WTICommodity98.25 USD-0.08%today +1.13%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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