Supermajor Warns Oil Prices Could Hit $160 Within Weeks | HappeningNow.news

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Supermajor Warns Oil Prices Could Hit $160 Within Weeks

Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum.

Source Summary Published May 29, 2026 Brief Under 1 min brief
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Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.

Read original at Oilprice

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