Chevron CEO Mike Wirth joins ‘Squawk Box’ to discuss the impact of Red Sea attacks on the company and global oil supply, energy transition, price outlook, regulatory challenges, and more.
But it’s a very serious uh situation it seems to be getting worse so to this point we haven’t seen much in markets that’s what I was just going to say WTI below $73 this morning that that comes as a surprise to me does it surprise you
Well it does because the risks are very real and so much of the world’s oil flows through that region that were it to be cut off you could see I think things change very rapidly thus far uh we’ve been able to maintain our movements through the region and I think
Others have as well but uh this is an evolving situation we really have to watch very carefully
2 Comments
Well Biden still wont drill so were screwed.
CHINA IS SELLING THEIR PRODUCTS VIA MAXICO IS MUCH MORE CONSENERNING THEN ANYTHING ELSE 😅