Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
- Posted on May 28, 2026
- By CNBC
- 1 Views
- 1 min read
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.
