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Exxon Texas Vote Faces $160 Oil Warning While Hormuz Talks Stall #Shorts

Exxon Mobil’s Neil Chapman warned crude prices could jump to $150-$160 a barrel within weeks if global inventories hit minimums, citing “unheard of” low stocks. Brent crude closed Friday at $92.05. Exxon shareholders approved moving the company’s legal home to Texas, with 71.2% in favor. Chevron CEO Mike Wirth also expects prices to rise as the Hormuz blockade cuts global supply.

Read more: https://ts2.tech/en/exxon-texas-vote-faces-160-oil-warning-while-hormuz-talks-stall/

#Shorts #TS2 #StockMarket #MarketNews #Energy #NYSEXOM #USEconomy

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31 мая 2026 г. 7:29:25
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