Dossier
Neil Hansen
Coverage of Neil Hansen in the Nexus archive.
- Exxon, Chevron warn fuel prices to endure as war knocks refining
ExxonMobil and Chevron warn that fuel prices will remain high despite falling oil prices due to global refining capacity shortages caused by wars in Russia, the Middle East, and China’s export ban. Refineries operating at full capacity cannot meet demand, leading to record fuel-making margins and sustained price increases for consumers.