Cvx futures traded mixed today

CVX futures traded mixed today, with front-month contracts holding near $158.40 amid stable crude prices. Traders are watching OPEC+ output data closely, as supply signals could swing short-term volatility. The technical chart shows support at $156.20, with resistance forming around $ Energy titan Chevron (NYSE: CVX) is Berkshire's fifth-largest stock holding, and Berkshire now owns nearly 7% of it. It's a stellar dividend-paying stock, with a recent generous 4.3% dividend yield. It's also been a big stock repurchaser, with its reduced share count leaving each remaining share more valuable. (When you add its dividend payments and share repurchases, its total yield for shareholders was recently 9.1%.) “We think the resolution of trade deals to the satisfaction of the market – more or less, barring a few exceptions – has been the key driver for oil price bullishness in recent days, and further progress on trade talks with China in future could be a further confidence booster for the oil market,” said Suvro Sarkar at DBS Bank. Today’s CVX futures market saw resistance at $160.05, a level not breached since early April, driven by higher-than-expected upstream output reports.