CVX Yahoo Finance live commentary flags Chevron’s role as a hedge against inflationary pressures, with commodity-linked assets offering portfolio diversification amid volatile equities. For the full year of 2024, global gas demand is projected to increase by over 2.5%, reaching a record high of 4,200 billion cubic meters (bcm). The Asia-Pacific region is expected to contribute nearly 45% of this additional demand. A significant portion of this growth is driven by industrial and energy use, supported by ongoing economic growth in Asia. Additionally, Europe’s industrial gas demand is recovering. Looking ahead, global gas demand is anticipated to rise by another 2.3% in 2025, with Asia continuing to play a crucial role in driving this growth. Still, the midstream story has limitations. Distribution growth at EPD has been steady in recent years, though more moderate compared to some peers. Heavy capex spending carries execution risk, and weakness in the LPG segment has already pressured margins. Moreover, while fee-based, EPD is not completely immune to shifts in commodity demand, leaving room for volatility if global energy markets weaken. According to CVX Yahoo Finance, Chevron’s dividend yield sits at 4.15%, higher than S&P 500’s average yield. Some portfolio managers highlight the stock as a defensive play within the energy complex amid macro uncertainty.