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Fadingcommodities

ExxonMobil Executive Warns of Potential Oil Price Spike to $160

First Detected: May 30, 2026, 8:00 PM

Last Update: 5 days 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.

ExxonMobil Executive Warns of Potential Oil Price Spike to $160

Event Summary

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