Dow Jones stock Chevron (CVX) is riding surging oil prices and the spoils of Trump's Venezuela takeover to the top of the index Wednesday.
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Dow Leader Rides Surging Oil Prices And Trump's Venezuela Spoils
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12:16 PM ET 07/29/2026
Shares of energy giant Chevron rode climbing oil prices and rising oil production levels in Venezuela, following President Donald Trump's January takeover to outpace most other Dow Jones stocks on Wednesday. It's no secret how. The second-largest U.S. oil and gas producer by market capitalization, Chevron (CVX) rose around 2.5% mid morning to above 192. The oil stock is up…
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Chevron tops Q2 2026 earnings estimates as revenue hits $70.06B, driven by record U.S. upstream production and strong margins.
The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.
The 30-stock Dow touched an all-time high on Monday and closed at a record as oil names jumped.
