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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.”
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oilprice.com
Shrinking Oil Inventories Raise Fears of Prolonged Energy Crisis | OilPrice.com
Analysts warn record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand are tightening markets far faster than expected.
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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.
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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…
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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…
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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.
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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
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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.
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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.”
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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.