Oil Prices Could Surge to $160

Oil prices could skyrocket to $160 a barrel as global reserves dwindle and strategic stockpiles run dry, warns ExxonMobil’s Neil Chapman—just as geopolitical tensions with Iran loom and inflation data looms. Meanwhile, ExxonMobil’s shareholders greenlit a corporate move from New Jersey to Texas, aligning legal HQ with its already Texas-based operations and leadership, cementing the company’s deep roots in the state. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/38a261bcc29f0afe