Chevron CEO sends worrisome Middle East oil message [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
Speaking at the CERAWeek conference in Houston Monday, Chevron CEO Mike Wirth was very blunt about the state of oil markets. "They're unpredictable. They're volatile. The market opened up last night in Asia with some anxiety. Things in the Middle East looked like they were going to escalate. The president came out with a message saying, 'No, we're removing this deadline that we imposed over the weekend,' and the markets traded off. The fundamentals are very tight out there," Wirth told Bloomberg Television On Tuesday, March 24, Brent crude futures inched above $103 per barrel as President Donald Trump continued his brash form of diplomacy via social media. In contrast, Iran continued to respond with threats to the Gulf States' critical infrastructure. Global commodity markets still seem to be swayed by the president's obvious attempts to influence them, and Brent crude was no exception. On Monday, March 23, futures fell more than 10% after the president postponed the strikes on
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News
- Oil Prices Haven’t Peaked: Chevron CEO Issues a Stark Warning [Barron's]Barrons
- Big Oil's Moment Is Here—And the Market Might Not Be Fully Pricing the Shift [Yahoo! Finance]Yahoo! Finance
- Trump Postponed a Strike In Iran, and Oil Stocks Are Falling. As an Energy Investor, Here's What I'd Do Next. [Yahoo! Finance]Yahoo! Finance
- Chevron CEO says Iran war impact isn't fully priced into oil market, traders have ‘scant information' [CNBC]CNBC
- EFESO Introduces Energy & Oil & Gas Advisory Board, Assembling Senior Industry Leaders to Guide Clients Through Transformational Change [Yahoo! Finance]Yahoo! Finance
CVX
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- 1/30/26 - Beat
CVX
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- 3/10/26 - Form 4
- 3/6/26 - Form 144
- 3/4/26 - Form 3
- CVX's page on the SEC website