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12.05.26 - 18:06
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Is Chevron a Safe Bet in the Energy Sector? (24/7 Wall St.)
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Chevron (NYSE:CVX) has rallied hard off late-2025 lows, riding a sharp move in WTI crude from $60.04/bbl in January to $100.32/bbl by April. After a 39.44% one-year gain, the question is whether the easy money is already made. Our 24/7 Wall St. price target for Chevron is $163.37 over the next 12 months, implying -11.57% downside ... Is Chevron a Safe Bet in the Energy Sector?...
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12.05.26 - 13:12
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Chevron Aktie: Ölmarkt-Risiken und Hormus-Sorgen (Aktiencheck)
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New York (www.aktiencheck.de) - Chevron-Aktienanalyse von Sanford C. Bernstein & Co:
Bernstein habe das Kursziel für die Aktie von Chevron Corp. (ISIN: US1667641005, WKN: 852552, Ticker-Symbol: CHV, NYSE-Symbol: CVX) von 216 auf 204 USD gesenkt und das Rating "market perform" bestätigt. Zwar räume die Investmentbank ein, dass sich der Ölmarkt von hier aus in viele unterschiedliche Richtungen entwickeln könne - im Extremfall sogar mit einer jahrelangen Schließung der Straße von Hormus -, für die eigenen Modelle gehe Bernstein jedoch davon aus, dass sich die Lage bis zur Jahresmitte wieder normalisieren werde, heißt es in einer aktuellen Research Note. [mehr]...
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06.05.26 - 05:36
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The Petrogas-Dollar: Symptom Or Strategy? (ZeroHedge)
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The Petrogas-Dollar: Symptom Or Strategy?
Authored 'No1' via Gold and Geopolitics substack,
Three people sent me Richard Medhurst's petrogas-dollar piece this week. I read it. Twice even.
There's a lot in there that I feel is correct.
The chronology of the Levantine Basin deals.
Cheney's 2001 National Energy Policy.
The roughly $35 billion of Chevron contracts signed across Israel, Syria, Greece, and Cyprus in the past six months.
None of that is in dispute.
The piece is, on the facts, broadly accurate.
What I think though is that the reading of those facts is faulty.
Some history.
In 1944 Bretton Woods pegged the dollar to gold and made it the world's reserve currency. In 1971 Nixon unpegged it. Three years later, Kissinger negotiated the Saudi arrangement that pegged it to something else - oil. The petrodollar was born. Everyone needed oil, oil was priced in dollars, thus everyone needed dollars.
Medhurst's thesis is that the same trick is being repeated, with gas as the new anchor....
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