Oil Is Dirt Cheap, Prepare For The Spike Up Now

Impact · against what's priced in

XOM and CVX face a significant bullish catalyst as the exhaustion of shadow inventories and structural supply constraints point toward a violent spike in crude prices to $150–$160 per barrel. This represents a massive upward shift in revenue expectations for upstream production that is not currently accounted for in the markets.

XOM+0.80

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In context

Modeling suggests a rapid move toward $150–$160 per barrel within weeks, creating a severe bullish shock for upstream margins.

Read from the article alone

• XOM▲200%
• CVX▲83%
• oil
• geopolitics
• commodity prices
• crude oil
• inventory
• supply deficit