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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 8 days ago

ExxonMobil and Chevron Executives Warn of $140 to $160 Oil Within Weeks

energynewsbeat.co

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ExxonMobil and Chevron Executives Warn of $140 to $160 Oil Within Weeks

energynewsbeat.co

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 8 days ago
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ExxonMobil and Chevron Executives Warn of $140 to $160 Oil Within Weeks - Energy News Beat
energynewsbeat.co
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In a stark alert to markets, top executives from ExxonMobil and Chevron have highlighted an impending physical oil supply crunch that could drive Dated Brent crude prices sharply higher—potentially to $150–$160 per barrel—within the coming weeks.
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  • altphoto@lemmy.today
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    8 days ago

    $200 by Wednesday… watch orange is the new stupid.

  • Arancello@aussie.zone
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    8 days ago

    what will this mean for prices at the pump?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      8 days ago

      Get ready for 10 bucks a gallon, also this will mean that costs of all the goods will go up because delivery costs and energy bills will be higher, which companies will pass on to the consumer.

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