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Chevron CEO says Iran war impact isn't fully priced into oil market, traders have ‘scant information' [CNBC]

Chevron Corporation (CVX)  More Company Research Source: CNBC
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Wirth said the futures market is trading on “scant information” and “perception.” The CEO cautioned it will take time to restart production that has been dialed back and repair damaged facilities. Mike Wirth, chief executive officer of Chevron Corp., at the CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 23, 2026. Carter Smith | Bloomberg | Getty Images HOUSTON — The oil futures market has not fully priced in the scale of the supply disruption triggered by the closure of the Strait of Hormuz, Chevron CEO Mike Wirth said Monday. “There are very real, physical manifestations of the closure of the Strait of Hormuz that are working their way around the world and through the system that I don't think are fully priced into the futures curves on oil,” Wirth said at S&P Global's CERAWeek conference in Houston, Texas. Oil prices plunged 9% on Monday after President Donald Trump told CNBC that he is “very intent on making a deal with Iran.” Trump postponed [Read more]
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Stockreport

Chevron CEO says Iran war impact isn't fully priced into oil market, traders have ‘scant information' [CNBC]

Chevron Corporation  (CVX) 
More Company Research Source: CNBC
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Wirth said the futures market is trading on “scant information” and “perception.” The CEO cautioned it will take time to restart production that has been dialed back and repair damaged facilities. Mike Wirth, chief executive officer of Chevron Corp., at the CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 23, 2026. Carter Smith | Bloomberg | Getty Images HOUSTON — The oil futures market has not fully priced in the scale of the supply disruption triggered by the closure of the Strait of Hormuz, Chevron CEO Mike Wirth said Monday. “There are very real, physical manifestations of the closure of the Strait of Hormuz that are working their way around the world and through the system that I don't think are fully priced into the futures curves on oil,” Wirth said at S&P Global's CERAWeek conference in Houston, Texas. Oil prices plunged 9% on Monday after President Donald Trump told CNBC that he is “very intent on making a deal with Iran.” Trump postponed [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS