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2026-05-30 15:09:11
[US Oil Giant Says Oil Prices Likely to Rise This Summer] At a conference hosted by investment firm Bernstein, Chevron CEO Mike Worth stated that global crude oil inventories are declining due to the situation in Iran, and oil prices are likely to rise in the next two months. The Financial Times reported that Worth's remarks reflected widespread concern: even if the conflicting parties reach a ceasefire agreement, the negative impact of the conflict on energy prices will continue for months. Furthermore, according to CNN on the 28th, the US strategic petroleum reserves are declining at an unprecedented rate in recent years due to the ongoing geopolitical conflict in the Middle East, and commercial crude oil inventories are also at low levels. (CCTV)
