Chevron CEO Discusses Jet Fuel Supply
Chevron CEO Mike Worth stated that jet fuel inventories in certain parts of the world were at seasonally low levels before the conflict began. He noted that his company had record production in the U.S.
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Sources · 7 independent
Bloomberg Radio
“Yeah, inventories of jet fuel in certain parts of the world were at seasonally relatively low levels before the conflict began. to bring new production into the market. Our company had record production in the U.S. last year, 2 million barrels a day, 1 million barrels a day in the Permian. We're going to grow 7 to 10% again this year. So we do have plans underway to deliver more oil to the market.”
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