BUZZ-Sable Offshore gains as Bloomberg reports Chevron to buy co's oil

Chevron Corporation -1.58%
Sable Offshore +0.54%

Chevron Corporation

CVX

187.35

-1.58%

Sable Offshore

SOC

13.09

+0.54%

** Shares of oil and gas producer Sable Offshore SOC.N up 4% at $16.44

** Oil major Chevron CVX.N plans to buy some of the first shipments of crude from SOC’s platforms off the coast of Santa Barbara, Bloomberg News reports citing Chevron executive

** “We’re going to run Sable’s crude at El Segundo in April,” the president of Chevron’s downstream, midstream and chemicals businesses, Andy Walz said in an interview to Bloomberg

** Including session's moves, SOC up 83.2% YTD