Cryptonews

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Oil Giants Sound Alarm: Global Crude Stockpiles Nearing Historic Depletion

Blocknomi Published 29.05.2026 14:54

Key Takeaways Neil Chapman, ExxonMobil’s senior vice president, cautioned that worldwide crude reserves are approaching unprecedented depletion levels Physical Brent crude prices could surge to $150–$160 per barrel when inventories…

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