Chevron CEO: oil, fuel supply buffers thinning as Middle East conflict continues

Reuters · yesterday
  • Chevron CEO says oil and fuel supply buffers are thinning as Middle East conflict continues, pointing to tightening physical supply.
  • The warning comes from Chevron, a major integrated oil company with exposure to crude and fuel supply chains.
  • The Middle East conflict remains the active backdrop for oil and fuel supply risk.

Quotes

“Oil, fuel supply buffers are thinning as Middle East conflict continues”— Chevron CEO

Sources