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XOMNEUTRALBULLISHIn depth · 4/5

Long-term oil supply squeeze from underinvestment

The speaker argues that severe underinvestment in sustaining capital will trigger structural oil production deficits around 2029-2030, regardless of near-term geopolitical fluctuations.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
XOM: Long-term oil supply squeeze from underinvestment · Zortix