Chevron forecasts lower gas prices as Middle East tensions ease
Chevron expects gas prices in the United States to decrease due to the stabilize of situations in the Middle East, confirming that the decline in oil prices is gradually reflected in fuel prices at stations. The statements came after calls from U.S. President Donald Trump to lower prices, emphasizing the need for the price per gallon to be less than $2.25. Chevron also affirmed that it is making efforts to increase production by approximately 7% to 10% to boost supply to consumers and ease costs.
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