The eerie calm of the oil market cannot last. Chevron warns that there may be sharp changes in the future!
因醉鞭名马幌
发表于 2024-1-17 12:02:59
282
0
0
The global crude oil market presents a eerie calmness amidst the smoke of gunpowder in the Red Sea. However, Michael Wirth, CEO of oil giant Chevron, said that if the tense situation leads to a serious interruption in supply in the Middle East, prices may change rapidly.
He was worried during a media interview on the sidelines of the Davos forum, stating that the situation was very serious and was still getting worse. The risk is real, but it is surprising that crude oil prices can still remain below $73 per barrel.
He also pointed out that Chevron does not intend to abandon the Red Sea and is working closely with the US Navy's Fifth Fleet to continue transporting crude oil from the Middle East. But the situation is constantly changing, and the company must observe it very carefully.
On Tuesday, sources from another oil giant, Shell, revealed that the company has suspended the transportation of goods through the Red Sea. In addition, BP and some major shipping companies have already announced a suspension of traffic in the Red Sea.
The possibility of doubling oil prices
On Tuesday, US National Security Advisor Sullivan stated that it is expected that the Houser militants will continue to attempt to undermine shipping safety in the Red Sea, and the US reserves the right to take further action. He also stated that he will take a stronger stance towards the forces supported by Iran.
Crude oil market and geopolitical analysts believe that if tensions in the Middle East escalate into regional conflicts, preventing crude oil from flowing out of the Strait of Hormuz, energy supply will face the highest risk.
According to data from trade analysis firm Kpler, approximately 7 million barrels of crude oil and petroleum products pass through the Red Sea every day, while 18 million barrels pass through the Strait of Hormuz. Goldman Sachs also warns that if the Strait of Hormuz is interrupted, global oil prices will double.
This concern is not unfounded. Wirth pointed out that two Chevron merchant ships were attacked by the Iranian Navy last year, one of which was seized and taken to Iranian ports, while the other was hit by a four hour fire that lasted until the US Navy's rescue efforts were able to stop.
LogoMoney.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表LogoMoney.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表LogoMoney.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- The automotive industry in 2024 is destined to be unstable. Xiaopeng Motors announces a price reduction!
- What happened when spot palladium mysteriously exploded late at night?
- Although millions of people are exploding, I will continue to go! Dong Yuhui leads the volcanic city to ensure the smooth operation of JD Logistics throughout the entire process
-
美股市场:纽约股市三大股指4月30日涨跌不一。截至当天收盘,道琼斯工业平均指数比前一交易日上涨141.74点,收于40669.36点,涨幅为0.35%;标准普尔500种股票指数上涨8.23点,收于5569.06点,涨幅为0.15%;纳斯 ...
- joey791216
- 前天 11:57
- 支持
- 反对
- 回复
- 收藏
-
当地时间周四,美股三大股指集体收涨,其中道指和标普500指数实现“八连涨”。不过,三大股指均在尾盘出现小幅跳水。 苹果、亚马逊于周四美股盘后公布了最新业绩,尽管业绩有所超出预期,但仍有令市场不满 ...
- jiangu12
- 昨天 10:28
- 支持
- 反对
- 回复
- 收藏
-
5月2日,全球电商巨头亚马逊公布了2025年第一季度财报。亚马逊第一季度净销售额为1556.67亿美元,较2024年第一季度同比增长9%;净利润为171.27亿美元,较2024年第一季度增长64%;每股摊薄收益1.59美元,较上年同 ...
- 独品金莲芳
- 12 小时前
- 支持
- 反对
- 回复
- 收藏
-
周三热门中概股涨跌不一。纳斯达克中国金龙指数(HXC)收跌0.95%。 上涨股当中(按市值从高到低),台积电涨1.34%,阿里巴巴涨0.46%,拼多多涨1.36%,网易涨0.66%,中华电信涨1.33%,理想汽车涨0.91%,日月 ...
- 蓝蓝的彩
- 前天 11:15
- 支持
- 反对
- 回复
- 收藏