High probability of oil reaching $100/barrel, says Blackrock CEO Fink By Reuters – Investing.com

High probability of oil reaching $100/barrel, says Blackrock CEO Fink By Reuters – Investing.com

RIYADH (Reuters) -Larry Fink, chief executive of the world's largest asset manager BlackRock (NYSE:), said on Tuesday that there is a high probability of oil reaching $100 a barrel.

Fink, who was speaking at the Future Investment Initiative conference in Saudi Arabia, also called for more collaboration between the public and private sectors to tackle global challenges such as climate change.