veggibles@lemmy.wtf to

World News@quokk.au · 26 days ago

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

8

cross-posted to:
world@quokk.au

81

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

veggibles@lemmy.wtf to

World News@quokk.au · 26 days ago

8

cross-posted to:
world@quokk.au

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.

Chat

RememberTheApollo_@lemmy.world
link
fedilink
arrow-up
11·
26 days ago
Chevron as well.

Everything points to early to mid-July being a tipping point for fuel costs.

World News@quokk.au

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !world@quokk.au

Rules:
Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.

Other Great Communities:

Rules

Be excellent to each other

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

438 users / day
2.37K users / week
4.51K users / month
9.85K users / 6 months
1 local subscriber
2.22K subscribers
8.52K Posts
19.8K Comments
Modlog