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Exxon, Chevron Warn of Critical Oil Inventory Levels
Exxon and Chevron have issued a stark warning regarding unprecedented oil inventory levels, echoing previous analyses about the world approaching crude oil operational minimums.
29 May, 03:00 — 29 May, 07:23
The Story
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Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Right (1)
seeking-alpha
Far R1
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zerohedge
Geographic diversity— 1 region4/34
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ℹOnly 2 sources cover this story
Sources
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seeking-alphaMixed3d ago
Exxon, Chevron heads warn of higher oil prices amid falling inventories
Read full article →zerohedgeLow3d ago
"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil
"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil 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. Then, approximately 4 weeks later, th...
By Tyler Durden
Read full article →Coverage Timeline
First report: zerohedge · 29 May, 03:00|Full coverage: 2 · 4h|Window: 4h
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