Chevron CEO says attack on Saudi Arabia’s oil facilities shows that ‘risk is real’

Chevron CEO says attack on Saudi Arabia’s oil facilities shows that ‘risk is real’

Michael Wirth, CEO of Chevron.
Adam Jeffery | CNBC

The attack against Saudi Arabia’s oil facilities is a wake-up call to dangers in the oil market, according to Chevron CEO Michael Wirth.
“Perhaps the market had grown a little bit comfortable with risks that we never became comfortable with,” Wirth told CNBC’s “Closing Bell” Monday. “These events demonstrate that those risks are real.” 
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