Major gas company CEO says ‘supply is tightening’ & consumers will see higher prices ...Middle East

THE CEO of Chevron provided bold analysis on oil prices – and it could mean more pain at the pump. Chevron’s Mike Wirth recently gave an interview to Bloomberg about the global fuel supply and his outlook. The CEO of Chevron thinks oil prices will creep higherepa While he maintained that drivers remain in overall good shape, he did forecast higher oil prices in the months to come. Wirth pointed to increasingly smaller available sources of supply. “Supply is tightening, inventories are drawing,” Wirth explained. Thanks to the tightening, Wirth sees oil getting close to $100 a barrel as a strong possibility. While there are various different sources of oil, Wirth was refer

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Major gas company CEO says ‘supply is tightening’ & consumers will see higher prices ...Middle East

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