Oil prices are on track to hit $100 a barrel, but the economy can handle it, Chevron CEO says

• Oil prices are on the rise and are tracking towards $100 a barrel. 
• Chevron CEO Mike Wirth said that ongoing supply constraints have contributed to the rise in prices, but the economy can handle it.
• "I think the underlying drivers of the economy in the US and frankly globally remain pretty healthy," Wirth said.

Oil prices are on track to soon cross the $100 per barrel level, but the economy should be able to handle the higher costs of the key energy commodity, Chevron CEO Mike Wirth told Bloomberg in an interview on Monday.