Chevron forecasts up to $2.2 billion boost to upstream earnings from higher Q1 prices
April 9, 2026
(Investing) – Chevron said on Thursday its upstream earnings were expected to rise by $1.6 billion to $2.2 billion in the first quarter versus the fourth quarter of 2025, driven by surging oil and gas prices from volatility linked to the Iran war. The conflict, which began on February 28, sent oil prices skyrocketing as much as 65%, with some oil and
