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Market Chatter: Chevron Furloughs Workers at Idled German Biofuels Plant
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Market Chatter: Chevron Furloughs Workers at Idled German Biofuels Plant
Jul 5, 2024 12:05 PM

02:38 PM EDT, 07/05/2024 (MT Newswires) -- Chevron ( CVX ) is putting workers on furlough at a biodiesel plant in Oeding in northern Germany with the factory out of operation due to oversupply in the market, Bloomberg reported Friday, citing an email from the company and a plant spokesman.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 153.77, Change: -2.94, Percent Change: -1.88

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