OIL → $155.00 by Jun 27, 2026.

"The price of physical Brent oil cargoes will spike to $150 to $160 per barrel when inventories hit all-time lows in coming weeks, the executive said. “When the price gets to a certain level, demand destruction brings it back into balance,” he said." [Exxon warns oil inventories will hit dangerously low levels due to Iran war](https://www.cnbc.com/2026/05/28/oil-inventory-exxon-strait-hormuz-iran-war.html) Dumb Bers will read this article and double down on their puts. Oil up or down, Iran war on or off, Hormuz straight or …