Chevron CEO: Oil Market Running on Borrowed Time as Safety Cushions Shrink

Mike Wirth, chief executive officer of Chevron Corp., during the Bloomberg Energy Security Executive Briefing in Houston, Texas, US, on Friday, June 12, 2026. The event convenes senior energy leaders in Houston at a critical inflection point - where market volatility, policy shifts and infrastructure constraints are reshaping the global energy system. Photographer: F. Carter Smith/Bloomberg — Mike Wirth, CEO of Chevron Corp., speaks during the Bloomberg Energy Security Executive Briefing in Houston on June 12. (F. Carter Smith/Bloomberg)

June 12, 2026 03:36 PM CDT

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