"We're approaching unheard of inventory levels. I mean, really, really low levels. You can debate whether that's going to hit those really low levels in two weeks or three weeks. Once you get to that point, you'll see price shoot up."- Neil Chapman, SVP ExxonMobil This is a top executive at one of the biggest oil companies in the world. He's not a random guy on Twitter. He's telling you $150-160 Brent is coming and the clock is weeks, not months. Chevron's CEO said the same thing at the same conference. The Strait of Hormuz is still dangerous to shipping. Inventories are getting drained faster than anyone expected. Trump says Iran wants a deal. Let's hope they get one. Because the fastest path to lower oil prices isn't a trading strategy, it's ending the war.(Lark Davis)