Oil's price decline may be short-lived: Chevron CEO says market remains tight - CNBC


7/13/2022 12:00:00 AM3 years 7 months ago
by Pippa Stevens

Oil has tumbled under $100 per barrel, but prices might be about to go back up, according to Chevron's CEO, Michael Wirth.

The price of oil has tumbled below $100 per barrel as recession fears mount, raising concerns around demand for crude. But Chevron CEO Michael Wirth said the downturn could be fleeting. "The tightne… [+3462 chars]

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