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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.
