Business
Exxon Warns of Oil Inventory Crisis
Exxon executive Neil Chapman warns that oil inventories will hit all-time lows, potentially driving the price of physical Brent oil cargoes to $150 to $160 per barrel. This comes as Jim Cramer discusses common investor mistakes in missing out on AI opportunities.
Coverage timeline — 2 articles
CNBC
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
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.
2026-05-28 22:25 UTC
CNBC
CNBC’s Jim Cramer pointed to three reasons investors may be missing some of the market’s biggest AI winners.
2026-05-28 22:28 UTC