Chevron (CVX) CEO says the demand for gas will continue to grow as oil plateaus
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Chevron (CVX) CEO says the demand for gas will continue to grow as oil plateaus
German Chancellor Merz says we have open communication channels with Iran and that despite the difficult situation, there is hope to end the war and will work for a peaceful solution, ISNA reports
An Israeli official says it is too early to know whether Trump intends to end the war, and his statement was surprising, Sky News Arabia reports
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Chevron's CEO indicates a long-term trend where gas demand is expected to rise even as oil production stabilizes. This statement suggests an ongoing shift in energy consumption patterns, likely influenced by regulatory and climatic factors favoring cleaner fuels, which could bolster investment in gas-related infrastructure. Watch how this sentiment affects related equities and commodities, particularly in the context of energy transition narratives.
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