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Why Chevron Stock Surged Nearly 11% in March

Apr 07, 2026 10:20 UTC

Key PointsOil prices rocketed last month, fueling a rise in Chevron's stock..

  • April 07, 2026 — 06:20 am EDT Written byMatt DiLalloforThe Motley Fool-> Oil prices rocketed last month, fueling a rise in Chevron's stock
  • The oil giant was also closing in on a deal to boost its operations in Venezuela
  • It also signed an exclusive deal with Microsoft on a potential gas-fired power project

April 07, 2026 — 06:20 am EDT Written byMatt DiLalloforThe Motley Fool-> Oil prices rocketed last month, fueling a rise in Chevron's stock. The oil giant was also closing in on a deal to boost its operations in Venezuela. It also signed an exclusive deal with Microsoft on a potential gas-fired power project. Shares ofChevron(NYSE: CVX)rallied 10.8% in March. The oil stock got a big boost from crude prices, which soared last month. Here's a look at what drove up oil prices andChevron's stockin March. Will AI create the world's first trillionaire?Our team just released a report on the one little

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