Shares of Chevron (CVX +0.2%) tick higher this morning after reporting that it wasn't downgraded...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Shares of Chevron (CVX +0.2%) tick higher this morning after reporting that it wasn't downgraded from its Class A status as an operator in Brazil, which means the driller can continue to operate its existing fields. A downgrade had been suspected as a result of a spill at the company's Frade oil field.