As the US midterm elections approach, US fuel prices remain high, dragging down the US Republican Party's approval rating and becoming one of the Trump administration's “heartaches.” Recently, Trump made a high-profile announcement that US oil prices will fall after the midterm elections. However, the CEO of US energy giant Chevron publicly “punched in the face” and said that he saw no possibility of a rapid drop in oil prices. Recently, Chevron Chairman and CEO Mike Worth said at an energy conference that the various adjustment measures used to cushion oil supply shocks in the early days of the Iran conflict have now basically been exhausted, which means that oil prices are more likely to rise rather than fall in the coming months.
Zhitongcaijing · 2d ago
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As the US midterm elections approach, US fuel prices remain high, dragging down the US Republican Party's approval rating and becoming one of the Trump administration's “heartaches.” Recently, Trump made a high-profile announcement that US oil prices will fall after the midterm elections. However, the CEO of US energy giant Chevron publicly “punched in the face” and said that he saw no possibility of a rapid drop in oil prices. Recently, Chevron Chairman and CEO Mike Worth said at an energy conference that the various adjustment measures used to cushion oil supply shocks in the early days of the Iran conflict have now basically been exhausted, which means that oil prices are more likely to rise rather than fall in the coming months.
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