Chevron CEO says depleted crude oil buffers could lead to higher prices
By Sheila Dang AUSTIN, Texas, Sept 11 (Reuters) – Chevron CEO Mike Wirth said on Friday that oil buffers that limited crude price increases earlier in the Iran war have been depleted, and the conflict could lift prices further over the next few months. Since the war began in late February, countries have released some crude stockpiles to the market, and the U.S. also lifted restrictions on oil stored on ships […]