# Chevron CEO Wirth, other U.S. oil executives warn global fuel crisis has arrived — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-09-14 23:57 ingested 2026-09-15 02:51

[original source ↗](https://seekingalpha.com/news/4642713-chevron-ceo-wirth-other-us-oil-executives-warn-global-fuel-crisis-has-arrived?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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Energy

Chevron CEO Wirth, other U.S. oil executives warn global fuel crisis has arrived

Sep 14, 2026, 7:57 PM ETUnited States Oil Fund LP ETF (USO), UCO, CL1:COM, CO1:COM, XLE, CVX StockDBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, NG1:COMBy : Carl Surran, SA News Editor

Trump administration officials have said the current oil market disruption is temporary, but Chevron's (CVX) Mike Wirth and other industry executives are warning global supplies are running low, with no respite in sight.

Commercial fuel stocks around the world have

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Quick Insights

Attacks on energy infrastructure and heightened conflict are straining global oil supply and depleting reserves.

Prices are rising due to depleted commercial fuel stocks, limited ability to tap strategic reserves further, and persistent supply risks from ongoing conflicts.

China is increasing purchases from international suppliers after running down its own reserves, tightening global supply.
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