May. 30 at 8:17 PM
$GTE from ExonMobil CEO
He then warned that dated Brent, the primary benchmark for the price of crude oil in the global market, "will shoot up… up to
$150,
$160."
And I think crude being in this sort of
$90 to
$110 for the last whatever it is, six weeks, has really been mitigated by running down inventories. It can't last forever."
Who to believe?
If this were to happen-
$150 Brent we would see GTE shoot up to
$20-
$30 range rapidly. Considering the very real positive outcome of Colombia elections tomorrow
