ExxonMobil Warns of Oil Supply Risks, Prices Could Surge 5X
ZacksXOM’s analysis suggests that without sustained investment, global oil supply could shrink to 30 million bpd as early as 2030, potentially driving oil prices fivefold.
XOM’s analysis suggests that without sustained investment, global oil supply could shrink to 30 million bpd as early as 2030, potentially driving oil prices fivefold.