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veggibles@lemmy.wtf to World News@quokk.au · 1 month ago

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

www.cnbc.com

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

www.cnbc.com

veggibles@lemmy.wtf to World News@quokk.au · 1 month ago
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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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    1 month ago

    Chevron as well.

    Everything points to early to mid-July being a tipping point for fuel costs.

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