Chevron Sees Fuel Margins Hold Amid Global Energy Market Stress

Chevron Corp., one of the world's largest oil companies, expects fuel-making margins to remain high as long as energy markets continue to experience 'stress,' according to Chief Financial Officer Eimear Bonner.

The company cited disruptions in two theaters of war that have prevented lower input costs from being passed on to consumers, despite a 30% drop in international crude prices over the past three months.

Fuel prices for diesel, jet fuel, and gasoline remain high due to these disruptions, which are preventing cost savings from reaching consumers.