Chevron CEO says Venezuela need to make more oil policy changes, Bloomberg says

Chevron (CVX) CEO Mike Wirth said that while changes made to Venezuela’s oil policy are a sign of progress, there are more measures needed before in order to attract foreign investment, Maria Paula Mijares Torres of Bloomberg reports. “It moves things in a positive direction,” Wirth said on CBS’ Face the Nation, according to Bloomberg. “It still needs some work. It’s probably not enough to bring in the level of investment that would be desirable. So I think there’s progress that’s been made.”