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Exxon warns oil prices could spike within weeks as global inventories near record lows

Exxon and other major oil companies are warning that global oil inventories are approaching critically low levels due to the closure of the Strait of Hormuz and rapid drawdowns of strategic reserves. Exxon Senior Vice President Neil Chapman stated at an industry conference that i

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fortune.com·Business by Flipboard·12h ago·4 min read

Indonesia's Prabowo Subianto announces new commodity export agency as rupiah hits all-time low

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econ.st23h ago

Oil Executives Warn Prices Could Hit $160 as Inventories Reach Historic Lows

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forbes.com2d ago

USDA Export Report: Corn Sales Hold at 64.4M Bushels; Soybeans Drop 15%, Wheat Hits Marketing-Year Low

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farmprogress.com2d ago

Exxon warns oil inventories nearing record lows, prices could spike to $160 per barrel

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cnbc.com1d ago

Exxon warns oil prices could reach $150-$160 per barrel as inventories approach all-time lows

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apple.news2d ago

Exxon warns oil inventories nearing record lows, expects prices to spike to $150-$160 per barrel

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cnbc.com3d ago

Exxon warns oil inventories nearing record lows, predicts price spike to $150-$160 per barrel

Exxon Mobil senior vice president Neil Chapman warned that global oil inventories are approaching record low levels within the next two to three weeks, which will cause crude prices to spike dramatically to $150-$160 per barrel. The warning was delivered at a Bernstein conference

Newsfinancebusinessenergy

Global Oil Inventories Near Critical Levels as Asia Faces Supply Shortages, Experts Warn

Global oil inventories are approaching critical minimum levels, with Asia already facing supply shortages and Europe close behind. Industry experts warn of a severe energy crisis driven by record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand. Jeff

Newsbusinessnewsenergy

oilprice.com·Business by Flipboard·3d ago·5 min read

Cocoa Prices Jump 10% as Ivory Coast Flooding and El Niño Fears Disrupt Supply

Cocoa prices surged to 1.5-week highs on Tuesday, with July ICE NY cocoa closing up +373 (+9.83%) and July ICE London cocoa up +293 (+10.24%). The price jump was driven by fund short-covering triggered by heavy rains and flooding in the Ivory Coast that have cut off farmers' acce

Newsfinancefoodcommodities

barchart.com·Business by Flipboard·4d ago·5 min read

Brent crude oil surges past $116 as Iran conflict, UAE OPEC exit, and US inventory declines drive prices

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tradingeconomics.com1mo ago

Urea Prices Surge Above $700/Ton as Middle East Conflict Disrupts Global Fertilizer Markets

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tradingeconomics.com2mo ago

Silver Prices Surpass Oil for First Time in Decades as Precious Metal Demand Soars

Newsfinancebusinesscommodities

wsj.com5mo ago

Global Copper Supply Crisis: Record Prices and Looming 10 Million Ton Shortfall by 2035

Insightfinancebusinesscommodities

thehonestsorcerer.substack.com5mo ago

Silver Reaches Historic $50 Per Ounce for First Time Ever

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investinglive.com7mo ago