Big Oil CEOs Voice Concern Over Geopolitical Tensions

When it comes to the price of oil, geopolitical volatility is usually a tailwind. However, when it comes to what big oil CEOs worry about the most, these conflicts - including the ongoing ones in the Middle East - are top of the list, according to a new report from Bloomberg. Oil executives are meeting at the region’s largest energy conference amid high market volatility, the report says. Rising tensions between Israel and Iran, an OPEC member, have traders wary of possible supply disruptions, while China’s weak economy is slowing oil…