Market Chatter: Chevron CEO Says Dwindling Oil Buffers May Push Prices Up

01:39 PM EDT, 09/11/2026 (MT Newswires) -- Chevron (CVX) CEO Mike Wirth said oil buffers that curbed the rise in crude prices since the start of the US-Iran war are depleted, and the conflict may drive prices higher in the coming months, Reuters reported Friday, citing his speech at an energy conference in Austin, Texas. "I think the risks remain to the upside over the next few months," Wirth said, according to report. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 213.94, Change: +1.18, Percent Change: +0.55