Chevron CEO Sees $100 Oil as Global Supplies Tighten

Oil probably is headed for the $100 mark soon amid tightening supplies, said Chevron Corp. Chief Executive Officer Mike Wirth. Robust global growth mean the underlying economy can withstand such a price spike, Wirth said during a Bloomberg Television interview on Monday. “We’re certainly moving in that direction,” the leader of the second-largest US oil … Read more

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