The US stock market yield

• CVX earns more than 1.8% while WTI oil rises 2.6% on Tuesday.
• President Trump says he has not communicated with Iran for peace conversations.
• Apollo Management is concerned that the highest prices of oil can trigger inflation.
• Chevron invests on lithium land, Totalenergies is associated with Chevron in exploration leases.

The Actions From the United States they opened down Tuesday after it became clear that the war between Israel and Iran was not going to end quickly. The president of the United States, Donald Trump, left the G7 meeting early on Monday to address the conflict, and the US army has positioned replenishment planes closer to the conflict, a sign that he could assume a stronger role in the fight with his ally Israel. Despite asking “a broader descale of hostilities,” Trump published the following on social networks:

Donald Trump publication in Truth Social on June 17, 2025

Global stock markets are also mostly downward on Tuesday, particularly the French and German stock markets, after the G7 agreed a statement that supported Israel’s unilateral bombardment to Iranian military officials, civil scientists and nuclear facilities that began last Thursday.

WTI oil rose more than 2.6% at the time of writing this article on Tuesday morning, quoting at $ 73,56, a market dynamic that Apollo Global Management said earlier this week that it could lead to stagns. This has helped Chevron’s shares (CVX) lead the industrial average Dow Jones (DJIA) on Tuesday despite the index fell approximately a quarter percentage point.

Apollo cares about the effect of oil rally on inflation and GDP

The investment firm Apollo Global Management is categorical in which the highest prices of oil seen since the beginning of Israel’s attack to Iran could seriously affect the US economy. UU. This year if they remain so high or even increase. The WTI has won almost $ 18 from its recent minimums in early May.

“According to the Fed model for the US economy, a sustained increase of 10 $ in oil prices is expected to increase inflation by 0.4% (including side effects) and reduce GDP by 0.4%,” said Apollo chief economist, Torsten Slok, in a note to customers.

In addition, Slok added: “In summary, the highest prices of oil aggravate the ongoing stanflation shock derived from tariffs and immigration restrictions.”

Slok said the market will be attentive to whether Federal Reserve (Fed) focuses on concerns about inflation or concerns about GDP at its FOMC meeting, which concludes Wednesday with a press conference.

News about Chevron Shares

For its part, Chevron focuses on other raw materials that are not oil on Tuesday. The company announced that it has acquired 125,000 net acres within the Smackover formation that covers the northeast of Texas and the southwest Arkansas de Terravolta Resources and East Texas Natural Resources.

Although financial details were not published, it is known that the training has a high lithium content, and Chevron executives said that they would directly extract the mineral used in batteries using direct lithium extraction technology.

According to Warntracker.com, Chevron is expected to dismiss up to 50 employees on July 1. The Law of Adjustment and Reserting of Workers of 1988 requires large employers to provide at least 60 days of notice to employees and state officials before mass dismissals.

In other news, the French oil company Totalenergies (TTE) acquired a 25% participation in one of the oil exploration lease portfolios on the external continental platform of Chevron on Monday. The investment gives total participation in the earnings of 40 blocks of oil in the offshore fields of Walker Ridge, Mississippi Canyon and East Breaks that are between 175 km and 330 km from the US coast. Uu. In the Gulf of Mexico.

Chevron’s actions quote up with the oil rally

Chevron’s shares have won 1.8% on Tuesday morning, while most of their peers in Dow Jones invest the trend of profits on Monday. CVX shares are above $ 148,00 at the time of writing this article and shortening the distance between each other and the simple mobile (SMA) of 200 days in 149.59 $.

This is the highest level to which Chevron’s shares have quoted since the mass sale of April 4 that followed Trump’s release tariffs. In addition, it places CVX again above the support level of $ 148.00 that reinforced the minimums of rank since the beginning of February and early March.

A 200 -day SMA rupture would provide a map for the bulls to try to reach the resistance level of $ 160. If oil prices continue to rise, then CVX could even test the region of 168.00 $ since the end of March.

CVX Shares Diario Graph