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Chevron sees no signs that U.S. is close to a recession, CEO says
- Chevron CEO Mike Wirth discussed the U.S. economy and oil market on CNBC Tuesday.
- This discussion occurred amid concerns about slowing growth and falling oil prices.
- Wirth acknowledged signs that growth may be slowing but saw no signs of recession.
- He stated, "There's no signs...that we are in or close to a recession."
- Lower oil prices around $60 could cause U.S. onshore production to pull back.
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Chevron CEO: 'No Signs' We Are in or Close to a Recession
Tuesday, during an appearance on CNBC's "Squawk Box," Chevron CEO Mike Wirth downplayed the possibility of a recession. The post Chevron CEO: ‘No Signs’ We Are in or Close to a Recession appeared first on Breitbart.
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Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
Factuality
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