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Chevron stock price closes higher as Venezuela sanctions ease; traders eye OPEC+ and Tuesday’s reopen
Chevron’s stock price rose by 0.73% after the U.S. eased sanctions on Venezuela’s oil industry, potentially opening new investment opportunities for the company. The market is now focused on the upcoming OPEC+ meeting, where a potential increase in oil output for April is being discussed. Traders are also anticipating Tuesday’s market reopen and further developments regarding U.S. regulatory decisions on Venezuela permits.