{"id":28580,"date":"2012-03-26T18:48:47","date_gmt":"2012-03-26T22:48:47","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28580"},"modified":"2012-03-26T18:48:47","modified_gmt":"2012-03-26T22:48:47","slug":"chevron-temporarily-postpones-production-in-brazil","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/26\/chevron-temporarily-postpones-production-in-brazil\/","title":{"rendered":"Chevron Temporarily Postpones Production in Brazil"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0b33758e5d215eeab3bddb622e3e1e44cbe8b4bb&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0b33758e5d215eeab3bddb622e3e1e44cbe8b4bb&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Chevron (NYSE:CVX) announced Monday that it filed a temporary suspension of production at their Frade field in Brazil after it detected a small oil seep within the region.The company is also facing issues in the country with an $11 billion lawsuit and fines for a leak that occurred last November.Chevron (NYSE:CVX) has potential upside of 13.5% based on a current price of $110.66 and an average consensus analyst price target of $125.61.Chevron is currently above its 50-day moving average (MA) of $107.52 and above its 200-day of $102.40.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/26\/1_dz1sq2lq_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/26\/1_dz1sq2lq_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chevron (NYSE:CVX) announced Monday that it filed a temporary suspension of production at their Frade field in Brazil after it detected a small oil seep within the region.The company is also facing issues in the country with an $11 billion lawsuit and fines for a leak that occurred last November.Chevron (NYSE:CVX) has potential upside of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/26\/chevron-temporarily-postpones-production-in-brazil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Chevron Temporarily Postpones Production in Brazil&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28580","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28580"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}