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

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