December 22, 2025 12:39 (London Time)

Chevron

Open: 147.96 Close: 147.75 Change: -0.21

Today's Summary

Chevron deference gave agencies the benefit of the doubt when statutes are unclear. In the absence of the legal doctrine, agencies will have to make the case that its approach is the best interpretation of law. An explosion erupted at the Chevron oil refinery in El Segundo, California, on Oct. 2, a large fire broke out in the southeast corner of the refinery, where Chevron turned crude oil into jet fuel.

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