Chevron Sees Oil Prices Under ‘More Pressure’ Than LNG in 2026

Increased oil supply from OPEC and its allies will continue to put pressure on crude prices next year, while liquefied natural gas prices will likely fall later in the decade,...

By Kevin Crowley, Katie Greifeld, Romaine Bostick · Bloomberg

Increased oil supply from OPEC and its allies will continue to put pressure on crude prices next year, while liquefied natural gas prices will likely fall later in the decade, according to Chevron Corp. Chief Executive Officer Mike Wirth.