Chevron CEO Warns of Rising Oil Prices Amid Depleting Market Buffers

Chevron CEO Mike Wirth warned that oil market buffers are being depleted, leading to increased upward pressure on prices in the coming weeks and months. This comes amid ongoing tensions from a U.S.-led military campaign against Iran since February 28, 2026.

By Mwangi Enos · TheStreet ·

Chevron CEO Warns of Rising Oil Prices Amid Depleting Market Buffers

Tickers: $CVX

Topics: CEO warning Chevron inventory data market imbalance oil prices

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