Chevron CEO Mike Wirth Talks Energy Markets, Iran War

Chevron CEO Mike Wirth Talks Energy Markets, Iran War

Chevron CEO Mike Wirth joins Bloomberg TV from the Milken Conference in Beverly Hills to discuss the impact of renewed conflict and the Strait of Hormuz closure on global energy markets. He said about 20% of the world’s energy flows through the strait and warned that inventories and system buffers are being drawn down, increasing price volatility and the risk of supply outages, particularly in Europe and Asia.

Wirth noted Chevron has slowed some production in Kuwait and Saudi Arabia and cut back petrochemical output, though the firm is less exposed than peers. Despite recent volatility costing Chevron about $3 billion, he said the company plans to grow production 7–10% globally this year versus roughly 2% demand growth, using scenario analysis rather than point forecasts to guide decisions.

See omnystudio.com/listener for privacy information.

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Bloomberg Talks: Allison Ellsworth

Bloomberg Talks: Allison Ellsworth

Allison Ellsworth, Co-Founder at Poppi discusses the creation of her beverage company and the rise of wellness drinks. She speaks with Bloomberg's Carol Massar and Tim Stenovec at Uncharted.See omnyst...

26 Kesä 8min

Bloomberg Talks: Adam Dell

Bloomberg Talks: Adam Dell

Adam Dell, Founder and CEO at Domain Money talks his history as an entrepreneur, and the type of investor Domain Money is finding a niche with. He speaks with Bloomberg's Carol Massar and Tim Stenovec...

26 Kesä 11min

Columbia Business School Professor Abby Joseph Cohen Talks Alan Greenspan, FOMC

Columbia Business School Professor Abby Joseph Cohen Talks Alan Greenspan, FOMC

Abby Joseph Cohen, Professor at Columbia Business School, joins Bloomberg's Tom Keene and Lisa Mateo on Bloomberg: Money to discuss the late Alan Greenspan and how important of a role he played in sha...

26 Kesä 10min

Columbia Business School Professor Abby Joseph Cohen Talks Alan Greenspan, FOMC

Columbia Business School Professor Abby Joseph Cohen Talks Alan Greenspan, FOMC

Abby Joseph Cohen, Professor at Columbia Business School, joins Bloomberg's Tom Keene and Lisa Mateo on Bloomberg: Money to discuss the late Alan Greenspan and how important of a role he played in sha...

26 Kesä 7min

Founder of Zynga Mark Pincus Talks Outlook on AI

Founder of Zynga Mark Pincus Talks Outlook on AI

Mark Pincus, Founder of Zynga, talks how AI is impacting businesses, ideas and growth. He speaks with Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.

25 Kesä 32min

US Soccer CEO JT Batson Talks World Cup Business Growth

US Soccer CEO JT Batson Talks World Cup Business Growth

US Soccer CEO JT Batson talks fan engagement, viewership metrics, recent business growth and popularity. He speaks with Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privac...

25 Kesä 7min

Ford CEO Jim Farley Talks Culture Change

Ford CEO Jim Farley Talks Culture Change

Ford CEO Jim Farley told Bloomberg's Matt Miller that a culture change at the Blue Oval lead to Ford becoming a "four-year overnight success." Farley also says American workers are beating the likes o...

25 Kesä 11min

TUC General Secretary Paul Nowak Talks Andy Burnham's Economic Agenda

TUC General Secretary Paul Nowak Talks Andy Burnham's Economic Agenda

UK Trades Union Congress General Secretary Paul Nowak says Andy Burnham, likely new Prime Minister, has "got to be prepared to take on vested interests". He tells Bloomberg's Caroline Hepker and Steph...

25 Kesä 7min

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