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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.

Raccontata dacnbc.comzerohedge.comnewsbytesapp.comqz.comoilprice.com

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5 prospettive sulla stessa storia
AI · summaries
oilprice.comStai leggendo15 h 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.

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·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…

zerohedge.com
1 g fa

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

"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 inventory level, up to $150, $160." - Neil…

Leggi questa versione → originale
qz.com15 h 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
cnbc.com1 g 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.

Leggi questa versione → originale
newsbytesapp.com20 h 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.

Leggi questa versione → originale
  • 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.