Gas Will Get 'An Order Of Magnitude' More Expensive In 2-3 Weeks If Trump Can't Open Strait Of Hormuz, Exxon Exec Tells Bankers
I'm sure it's fine. It'll probably be fine, right?
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I'm sure it's fine. It'll probably be fine, right?
Oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East.
Exxon warns of collapsing crude inventories as restocking squeezes price upside; aluminium stockpiles near historic lows, signaling potential energy rally.
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Exxon and Chevron executives warn global oil stockpiles are nearing historic lows as the Iran war continues, with Brent crude potentially surging to $150 a barr...
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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.
Exxon empowered retail to beat the proxy duopoly and secure its move to Texas. The Texas Stock Exchange is scaling that strategy for all issuers.