The oil major plans to raise its Venezuela output to 600,000 barrels per day from around 280,000 bpd currently

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 could expand its Venezuela operations under a 25-year agreement targeting crude production of 1.5 million barrels per day.

Energy giant Chevron is expected to announce its expansion plans in Venezuela soon. Company officials and the Energy Secretary will visit Venezuela on Wednesday for this…