Venezuela-related uncertainty continues to weigh on Chevron shares. Can the Street-high price target hold under these conditions?

Chevron Corp., the sole Western supermajor permitted to pump Venezuelan oil, is loading tankers at the fastest pace in seven months as the US government moves to control the Latin American nation’s crude riches.

On January 5, Bernstein raised its price target on Chevron Corporation (NYSE:CVX) to $172 from $170 and kept a Market Perform rating.

At least 11 ships chartered by the U.S. oil major are scheduled to arrive in the Venezuelan government-controlled ports of Jose and Bajo Grande later in January.

Chevron Corp. and private equity group Quantum Energy Partners will join forces to buy the international assets of sanctioned Russian oil company Lukoil PJSC, according to the Financial Times.

Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel

Chevron Corporation is upgraded to Buy, driven by its unique first-mover advantage in Venezuela’s oil sector. Click here to read an analysis of CVX stock now.

Warren Buffett's Berkshire Hathaway owns about 6% of Chevron, the only US oil major currently operating in Venezuela.

Chevron Corp. investors breathed a little easier on Friday after an international arbitration court ruled in favor of the integrated energy giant’s merger with Hess Corp. after nearly two years of waiting. The other integrated energy giant, Exxon Mobil ...

Shell Plc signed a deal to acquire a 35% stake in two oil blocks offshore Angola from Chevron Corp.’s subsidiary in the southern African nation, the London-based energy giant said Tuesday.

Bessent stated during a speech that large oil companies, including Chevron, are "not interested" in investing in Venezuela, marking a significant strategic shift for corporate boards.