ExxonMobil Executive Warns of Potential Oil Price Spike to $160
First Detected: May 30, 2026, 8:00 PM
Last Update: 3 months ago
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Event Summary
On May 30, ExxonMobil Senior VP Neil Chapman warned that global crude oil prices could soar to $160 per barrel. This warning is driven by dwindling global commercial inventories reaching critically low levels.
