Chevron CEO Mike Wirth joins 'Squawk Box' to discuss state of the oil market, latest oil price trends, President Trump's tariff policies, impact of policy uncertainty, global oil demand ...

Chevron CEO Mike Wirth issued a stark warning about the firm’s possible departure from Venezuela as a Biden-era license allowing the company to operate in the country is set to expire.

Chevron CEO Mike Wirth said the oil major is not seeing any signs that a recession is imminent. But oil prices at $60 per barrel or lower will impact production in the Permian Basin, Wirth said.