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Chevron Boosts Texas Refinery Capacity 15 in Major Upgrade: Adds Jet Fuel Production

December 17, 2024
Chevron Corporation (CVX) has announced a major upgrade to its Texas refinery, increasing its capacity by 15%. The company has also added jet fuel production to its operations in a bid to meet the growing demand in the aviation industry. This expansion is expected to boost Chevron's revenue and strengthen its position in the market. Investors are closely monitoring these developments, as the increased production capacity and new product line could lead to a significant growth in Chevron's stock value. To get expert insights on the forecasted movement of CVX stocks, it is recommended to consult professionals from Stocks Prognosis.
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