Chevron CFO Explains Persistent High Gas Prices

Despite falling crude oil prices, gasoline prices remain high due to ongoing geopolitical tensions and supply chain disruptions. Chevron's CFO Eimear Bonner stated that while normalization of Middle East oil flows should eventually lower pump prices, the process will not be immediate.

By Moz Farooque Mon, June 29, 2026 at 12:03 AM GMT+3 5 min read · Yahoo Finance · June 28, 2026, 21:03 UTC

Chevron CFO Explains Persistent High Gas Prices

Tickers: $CVX

Topics: CFO commentary Chevron gas prices Middle East supply oil

Read the full article at Yahoo Finance

More World news

Nvidia Shares Plunge Following Announcement of CEO Jensen Huang's Resignation Seeking Alpha · November 12, 2026, 14:24 UTC
Archer Aviation Enters Multi-Year Partnership with Formula One Seeking Alpha · November 12, 2026, 14:16 UTC
Edgewell Personal Care Announces Quarterly Dividend of $0.15 Per Share Seeking Alpha · November 12, 2026, 14:16 UTC
Hudbay Minerals Announces Quarterly Dividend of CAD 0.01 Per Share Seeking Alpha · November 12, 2026, 14:16 UTC
Warby Parker Unveils AI-Powered Intelligent Eyewear Collection in Partnership with Google and Samsung Seeking Alpha · November 12, 2026, 14:17 UTC
Where Food Comes From Reports Q3 Revenue Growth and Improved Gross Margins Seeking Alpha · November 12, 2026, 14:17 UTC
Medical Care Technologies Inc. Reports Q3 Revenue Growth and Significant Net Income Increase Seeking Alpha · November 12, 2026, 14:17 UTC
Digi International Reports Record Fiscal 2026 Results and Announces Acquisition of Disruptive Technologies Motley Fool · November 12, 2026, 14:15 UTC
U.S. Trade Representative Jamieson Greer to Discuss Tariff Policies and Export Controls CNBC · November 12, 2026, 13:31 UTC
Coinbase CEO Brian Armstrong Discusses Binance Hack and Political Shifts Impacting Crypto CNBC · November 12, 2026, 13:44 UTC