Published Jul 31, 2026, 5:31 PM ET · Updated 3 months ago · 3 sources

Exxon, Chevron Warn Fuel Prices to Endure as War Knocks Refining

bloomberg
bloomberg
·
Original Report

High fuel prices are likely to stick around even if oil prices drop in the coming months as the wars in Russia and Middle East leave global refining capacity critically short, ExxonMobil Holdings Corp. and Chevron Corp. warned.