Chevron stock price slips as Tengiz shutdown headlines hit CVX; Turkey talks add fresh focus
New York, January 20, 2026, 20:39 EST — Market closed.
- Chevron shares slipped 0.6%, ending the day at $165.30.
- The Chevron-led Tengiz project in Kazakhstan might remain offline for 7 to 10 days, leading to cancellations of certain export shipments.
- Traders will eye oil inventory data due Thursday alongside Chevron’s earnings call on Jan. 30.
Chevron Corp shares slipped 0.6% to close at $165.30 on Tuesday after Reuters reported that output at Kazakhstan’s massive Tengiz oilfield might stay offline for another 7-10 days. The delay follows a power outage caused by a fire at the field’s GTES-4 power station. Sources told Reuters that five cargoes of CPC Blend crude, transported via the Caspian Pipeline…
