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Chevron and Hess CEOs on $53B Deal, 5% Yield Effect on Stocks, Apple’s Losing Streak 10/23/23

Squawk on the Street

00:00

Consolidation in the Oil Industry and Potential Impact of EVs

The speakers discuss the potential deal between Chevron and Hess, as well as the consolidation happening among major players in the oil industry. They also talk about the value of oil on Wall Street and the potential impact of EVs on the industry.

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