Chevron CEO Says Oil Demand 'Has Really Come Off' Amid Virus Outbreak

The video discusses macroeconomic conditions with a focus on oil prices and OPEC's influence. It highlights a company's preparedness in a rapidly changing environment, emphasizing workforce safety and operational stability. The discussion covers the impact of OPEC's oil production cuts on supply and demand, and the company's financial strategy, including dividend plans based on a $60 Brent price over five years.

What is the primary concern for the company in the current rapidly changing environment?

• Expanding market share

• Health and safety of the workforce

• Reducing production costs

• Increasing oil prices

What is the company's approach to dealing with the evolving global situation?

• Establishing command structures globally

• Increasing oil production

• Reducing workforce

• Focusing on local markets only

How is the company positioned to handle the current low-price environment?

• By diversifying into other industries

• By cutting workforce

• By having a low dividend break-even and strong balance sheet

• By increasing production

What is the company's strategy for shareholder payouts over the next five years?

• Based on a $70 Brent price

• Based on a $60 Brent price with no inflation

• Based on a $50 Brent price

• Based on fluctuating oil prices

What is the expected cash flow distribution to shareholders over the next five years?

• $60 to $70 billion

• $80 to $90 billion

• $50 to $60 billion

• $75 to $80 billion