long-cycle projects

1 articles
BenzingaBenzinga··Stjepan Kalinic

Oil's $140 Spike Masks Structural Supply Crisis as Capital Flees Long-Term Projects

Brent crude briefly hit $141 on Hormuz disruption fears, but geopolitical price spikes fail to incentivize the $8 trillion upstream investment needed through 2040.
XOMCVXOXYOXY.WSgeopolitical riskStrait of Hormuz