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Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

Raccontata dacnbc.commiddleeasteye.netzerohedge.comnewsbytesapp.comqz.comoilprice.comfortune.comcryptobriefing.com

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6 prospettive sulla stessa storia
AI · summaries
cnbc.comStai leggendo1 mesi fa

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

originale

Timeline cronologica

  1. giovedì 28 maggio 2026·cnbc.com

    Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

    The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

  2. venerdì 29 maggio 2026·middleeasteye.net

    US energy executives warn of massive oil supply crunch

    Executives from the largest US energy companies warned on Thursday that oil prices are likely to spike this summer, as the buffers the US and other western countries used to…

qz.com
1 mesi fa

Exxon warns oil inventories near record lows, price spike ahead

An Exxon executive said physical Brent crude could hit $150 to $160 a barrel once stockpiles are exhausted

Leggi questa versione → originale
newsbytesapp.com1 mesi fa

Oil may hit $160 as inventories near record lows

Exxon Mobil's SVP Neil Chapman warned at a Bernstein conference that global oil inventories are approaching record lows, with crude potentially spiking to $150–$160/barrel. Energy-intensive sectors and companies with unhedged exposure should reassess fuel cost assumptions in 2026 budget models, as a supply-driven price shock would pressure margins across logistics, manufacturing, and data center operations.

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cryptobriefing.com1 mesi fa

ExxonMobil warns crude oil could surge to $160 per barrel as global inventories hit critical lows

ExxonMobil SVP Neil Chapman warns crude oil could surge to $160 per barrel as global inventories near critical lows amid Strait of Hormuz disruptions.

Leggi questa versione → originale
fortune.com1 mesi fa

Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — 'I mean…

"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”

Leggi questa versione → originale
oilprice.com1 mesi fa

Supermajor Warns Oil Prices Could Hit $160 Within Weeks | OilPrice.com

Exxon and Chevron executives warn at Bernstein conference that near-record-low oil inventories will push Brent prices to $150-$160 within weeks.

Leggi questa versione → originale
  • venerdì 29 maggio 2026·zerohedge.com

    "Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil

    "We're approaching unheard of inventory levels. I mean, really, really low levels. Once you get to that point, then you'll see price shoot up. Once you get to that really low…

  • venerdì 29 maggio 2026·newsbytesapp.com

    Oil may hit $160 as inventories near record lows

    Exxon Mobil warns global oil inventories may hit record lows soon, potentially driving crude prices to $150-$160 per barrel and prompting market rebalancing through reduced demand.

  • venerdì 29 maggio 2026·qz.com

    Exxon warns oil inventories near record lows, price spike ahead

    An Exxon executive said physical Brent crude could hit $150 to $160 a barrel once stockpiles are exhausted

  • venerdì 29 maggio 2026·oilprice.com

    Supermajor Warns Oil Prices Could Hit $160 Within Weeks | OilPrice.com

    Exxon and Chevron executives warn at Bernstein conference that near-record-low oil inventories will push Brent prices to $150-$160 within weeks.

  • domenica 31 maggio 2026·fortune.com

    Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — 'I mean really, really low levels' | Fortune

    "You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”

  • domenica 31 maggio 2026·cryptobriefing.com

    ExxonMobil warns crude oil could surge to $160 per barrel as global inventories hit critical lows

    ExxonMobil SVP Neil Chapman warns crude oil could surge to $160 per barrel as global inventories near critical lows amid Strait of Hormuz disruptions.