Chevron stock has climbed steadily over the past few months and is now hovering near its all-time high. What next for the shares?

Chevron raised its Venezuelan stake to 49% and targets 375,000 bpd as Hunt Oil and SLB sign fresh deals with PDVSA after Maduro's removal.

Empresa americana responde por cerca de um quarto da produção local

The announcement comes as Energy Secretary Chris Wright and Chevron representatives visit Venezuela on Wednesday.